Fri, Dec 19, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

India govt plans sovereign fund to acquire foreign energy

Posted on 09 September 2011

The Planning Commission has proposed that India should set up a sovereign wealth fund with an initial corpus of $10 billion, mainly to invest in energy and mining assets abroad.
“Sovereign Wealth Fund is something that the finance ministry is looking at. We have suggested to start with $10 billion,” Planning Commission deputy chairman Montek Singh Ahluwalia told reporters here on the sidelines of a Ficci event……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15416 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031