GMR seeks further funds after Temasek
After recently agreeing a $200 million investment deal with Singapore SWF Temasek Holdings for its GMR Energy arm, India's GMR Group has indicated that it still seeks a further $100 million of private equity investment.
GMR is currently seeking to finance up to $6.7 billion of power generation projects from private equity and debt, and is also planning to build road projects worth over $1.1 billion. GMR was apparently...
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