That is the key from the Announcement of Partner with Inida Bank.
That strategy is targeted at delivering a
lower capital cost base for Coldry plant and equipment through India's highly skilled, top quality
cost-competitive manufacturing base. The YES BANK-Greenard Willing team will carefully
evaluate and select the most qualified and competent Indian suppliers for fabrication and delivery
of Coldry plant and equipment to projects in India and globally.
While they are trying to gain to get the JV with NLC, it is very major achievement that 4th Largest India Private back the Tech. I am sure that that can have some positive effective of NLC decision.
And also, ESI can built the Demo plant much easier with low cost with or without ALDP involved. The modules cost may be half if they built and bring into Australia. IMO.
Overall, today, ann is positive for me.
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