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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Su-Kam may go for IPO

Posted on 07 February 2011

From Business-standard.com: Reliance India Power Fund — a private equity fund sponsored jointly by Anil Ambani-led Reliance Group and Singapore-based Temasek Holdings (Temasek) has a stake of 19% in Su-Kam. Sachdev said Reliance India Power Fund had bought the stake for around Rs 45 crore in 2006.
He said demand for power products, including batteries, inverters and other energy storage devices in the country are growing and expects Su-Kam to be a billion dollar company in the next five years……………………………………….Full Article: Source

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