16.09.2016 - Oman wealth fund joins initiative to invest in India's power sector
The State General Reserve Fund (SGRF), a sovereign wealth fund of the Sultanate of Oman, is part of a trio of globally renowned investors that are backing a 'platform company' set up to facilitate investment in India's booming power sector. The platform company has been jointly launched by Tata Power, India's largest integrated power company, and ICICI Venture, a specialist alternative assets manager wholly owned by ICICI Bank, the largest private sector bank in India. Earlier this week, Tata Power and ICICI Venture announced the establishment of the Platform to facilitate investment in power projects in India in the coming two-three years, which are in either operational or in advanced stages of development...............................................Full Article: Source
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