Asian Energy Services’ Board of Directors has given approval to make an investment in VAAN Electric Moto, India as a strategic investment in emerging electric mobility sector. The company will acquire a significant minority stake in VAAN with board seat and has an option to increase its stake to a strategic 26% in future.
Further, the company will also explore entry in business of EV charging related infrastructure development, Operations & Maintenance, e-waste handling & recycling etc with VAAN. Company proposes to be major partner in this business segment.
Asian Energy Services (formerly Asian Oilfield Services) provides range of services to reputed national and multinational companies. The company banks on the rich experience of well qualified professionals for providing seismic data acquisition, processing and Interpretation services.
