Thursday, September 4, 2008

NTPC-BHEL JV attracts PE funding

ICICI Ventures and IL&FS are likely to pick up 50 per cent stake in the NTPC-BHEL Power Projects. Company officials are going to meet the two agencies on September 10 to finalize the deal. PE interest is a testimony to the rock-solid fundamentals of the power generation equipment sector in the country.

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