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Following the IPOs of two other Indian power companies NHPC and Adani Power, JSW Energy aims to raise INR30bn from its maiden issue.
NHPC’s IPO for a stake of 14 percent in the government-backed company is expected to raise INR60bn.
The joint venture between the infrastructure developer and the real estate investor marks the first time in India that a private company will manage a public transport system, which they will build. IL&FS will hold a 74% stake in the joint venture and DLF will hold the remaining 26%.
The Indian infrastructure heavyweight is reportedly consolidating its overseas assets under holding company GMR Infrastructure International ahead of an overseas listing.
The fund will raise $200m to invest in Indian logistics and warehousing.
The Indian power company's blockbuster IPO raised INR30.2 billion. 3i owns a 7.37% stake in the company, which was the first investment from its Indian infrastructure fund.
The Malaysian firm will build and operate the Shangdong-based plant for 25 years and eventually transfer it back to the Chinese government, which is developing tougher rules to combat water pollution - a big problem in the world's most populous country.
The Malaysian firm will build and operate the Shangdong-based plant for 25 years and eventually transfer it back to the Chinese government, which is developing tougher rules to combat water pollution - a big problem in the world's most populous country.
The Malaysian firm will build and operate the Shangdong-based plant for 25 years and eventually transfer it back to the Chinese government, which is developing tougher rules to combat water pollution - a big problem in the world's most populous country.
The Malaysian firm will build and operate the Shangdong-based plant for 25 years and eventually transfer it back to the Chinese government, which is developing tougher rules to combat water pollution - a big problem in the world's most populous country.