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India's US$33b cost overruns spur Srei to scout for deals

Delayed projects prompt firm to look for distressed investment opportunities
Friday, April 10, 2015 - 05:50

New Delhi

INDIA'S delayed road and power projects are prompting Srei Infrastructure Finance Ltd to scout for distressed investment opportunities.

About US$392 billion of infrastructure projects - more than the size of Thailand's economy - were stalled as of early March, government