Temasek closes GMR at $200 million
Singapore SWF Temasek Holdings has finally agreed its investment in India's GMR Energy at some $200 million, lower than the $354 million predicted recently.
Temasek will invest through a Mauritius-incorporated investment vehicle, Claymore Investments. GMR Energy is seeking to expand its thermal and hydro power-generating capacity from 808MW to 6500MW within...
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