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German Construction Major “Hochtief” Eyes Hydropower Projects in India

Hydropower projects are definitely not that easy to handle. Though there are some good companies that can accept that project in India, some companies outside are way better. This is among the reason why Hochtief which is Germany’s biggest construction company is looking at acquiring stakes in hydropower projects in India.

Hochtief Logo

Hochtief Logo

Their main goal is to expand its portfolio and in order to get some projects in the country. This company is more familiar to hydropower projects that other companies in India. The company is now looking to buy up to 49% in hydropower projects that would reach a capacity of 100 – 250 megawatts.

The company would mostly go for projects that are already approved by the government so that they could immediately go on into providing their services. Since India is a growing country, the company has its eye on Indian market for quite some time. If they would pursue their plans, it would surely be of benefit to them since there are still a lot of improvements to be done in India.

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