Wednesday, August 6, 2008

Tata Power shortlisted for Senoko Power sale

Singapore's Temasek Holdings Pte has shortlisted Tata Power (India), Marubeni Corp (Japan), YTL Power Bhd (Malaysia), GDF Suez (France) and OneEnergy Ltd for the bidding process for Senoko Power Ltd.

Senoko Power has an installed capacity of 3,000 MW and generates approx. 30% of Singapore's electricity. The deal may fetch around $3bn, and is likely to be completed by the end of 2009.

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