| From Themalaysianinsider.com:Temasek Holdings — which recently exited the Singapore power industry by selling the three biggest generating companies here — may now be entering the power sector of Asian powerhouse India.
Indian conglomerate GMR Infrastructure — which has been trying to establish a presence in Singapore’s energy sector and earlier bid for the gencos here — is reportedly in advanced talks with Temasek to raise US$150 million by selling shares in its power unit GMR Energy.....................................Full Article: Source |