(EnergyAsia, July 11, Wednesday) — India’s power generation sector is finally attracting and admitting investment from private equity funds.Citigroup Venture Capital (CVC) International Growth Funds and UTI Ventures have become the first private funds to enter the sector, acquiring a total 30% stake in the Hyderabad-based Ind Barath Infra for Rs2.9 billion. (US$1=Rs41).CVC invested about…
INDIA: First private funds investment in power generation sector
Posted on July 10, 2007 by EnergyAsia