Thu, Oct 23, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

PTC India in initial pact with sovereign fund to launch PE fund

Posted on 03 January 2012

PTC India Ltd. has entered into an initial agreement with a sovereign wealth fund to create a private equity fund with a start-up capital of $200 million, chairman of the state-run power trading company said Monday.
The fund will aim to buy stakes in power projects in India and in coal mines overseas. “Such a private equity company will boost our core power trading business,” Tantra Narayan Thakur said, without revealing the name of the sovereign wealth fund………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15007 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031