22.01.2010 - Qatar fund in talks for 10pct stake in Hinduja Power
From Livemint.com: Qatar Investment Authority, or QIA, the sovereign investment fund promoted by the emirateís ruling family, is in the final stages of negotiations to purchase a 10% stake in Hinduja National Power Corp. Ltd, or Hinduja Power, said two persons familiar with the development. The fund will pay Rs200 crore($44 million) , at Rs40 a share, for the stake in the company thatís building a 1,040 MW coal-based energy plant at Visakhapatnam in Andhra Pradesh.....................................Full Article: Source
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