Indian, Chinese firms sign 26 pacts worth $22 billion

As many as 26 business agreements worth over $22 billion were signed on Saturday between Indian firms, including Adani group, Bharti Airtel and Welspun, and their Chinese counterparts

Bharti Airtel’s tie-up for credit facility of $2.5 billion with China Development Bank and Industrial and Commercial Bank of China

Adani Group’s agreement with Golden Concord Holdings to establish an integrated photovoltaic industrial park in Mundra SEZ and to explore investments in gas power generation and natural gas sector

Adani Ports & SEZ and Guangzhou Port Authority agreement to establish ‘sister port relationship’ between Mundra Port and Guangzhou Port

Welspun Energy’s memorandum of understanding with Trina Solar of China to jointly set up a PV industry park for production of 500 MW of Photovoltaic (PV) cell and 500 MW of PV solar module in India

Agreements to facilitate cooperation between Indian and Chinese companies in the film and entertainment industry

MoU between IL&FS and Industrial & Commercial Bank of China (ICBC)

MoU between IL&FS Energy Development Co and China Huaneng Group for 4,000 MW Nana Layja Thermal Power (Coal) project

Jindal Steel’s MoU with Power and ICBC on development of potential projects

Infosys’ MoU with People’s Government of Qiannan Autonomous Prefecture to jointly build ‘China India Information Service Industry Corridor’ in Qinnan

Bhushan Power and Steel’s pact with China National Technical Import and Export Corporation for an integrated steel project in Gujarat

NIIT’s pact with Guian New Area in Guizhou, to train students from the province in the area of Big Data