Saudi Arabia denies it shelved SoftBank solar project: state news
Saudi Arabia denies it shelved SoftBank solar project: state news
An official at Saudi Arabia`s Public Investment Fund (PIF) said on Monday that a Wall Street Journal report that it had shelved a $200 billion plan with SoftBank Group Corp to build the world`s biggest solar-power-generation project was "incorrect."
PIF "continues to work with the SoftBank Vision Fund and other institutions on a number of large-scale, multi-billion-dollar solar projects which will be announced at the appropriate time," said a statement cited by state news agency SPA.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.