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Sembcorp buys into Indian power project for $175m
Published Mon, Feb 3, 2014 · 10:00 PM
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SEMBCORP Industries has agreed to acquire 45 per cent of India's NCC Power Projects (NCCPP) for 8.48 billion rupees (S$175 million), and will ink further agreements to take up another 20 per cent to make up a majority stake.
Potential "substantial sy…
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