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India’s sovereign wealth fund plans gaining momentum

Posted on 26 August 2011

India’s sovereign wealth fund plans are gaining momentum. The proposed USD 10 billion fund will shop for energy assets including crude oil, gas and coal.
It has been on the table since 2010 as a very important strategic initiative. It was first proposed by the Planning Commission to support India’s energy security and its growth plans by acquiring energy assets abroad……………………………………….Full Article: Source


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