Sembcorp to buy stake in NCC Power
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POWER & RENEWABLE ENERGY

Sembcorp to buy stake in NCC Power

01 Nov 2013 1 Min Read Editorial Team
Sembcorp plans to buy a majority stake in NCC power projects for Rs 500 crore. The deal, signed nearly at par of the investments made so far, signals foreign strategic investors´ renewed interest in Indian power companies with all regulatory clearances. Singapore´s sovereign investor Temasek Holdings owns 49.5 per cent in Sembcorp.

Contact: Sembcorp.
Tel: (65) 6723 3113.
Fax: (65) 6822 3254.
Website: www.sembcorp.com

Sembcorp plans to buy a majority stake in NCC power projects for Rs 500 crore. The deal, signed nearly at par of the investments made so far, signals foreign strategic investors´ renewed interest in Indian power companies with all regulatory clearances. Singapore´s sovereign investor Temasek Holdings owns 49.5 per cent in Sembcorp. Contact: Sembcorp. Tel: (65) 6723 3113. Fax: (65) 6822 3254. Website: www.sembcorp.com

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