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Sembcorp to buyout local Indian partner Gayatri Energy in Indian unit for Rs 406 cr

New Delhi: Singapore-based Sembcorp Industries on Wednesday said it has signed an agreement to acquire the remaining near 6 per cent stake of its local partner Gayatri Energy Venture Pte Ltd in the Indian arm, Sembcrop Energy India Ltd (SEIL), for Rs 406 crore. “Following the completion of the proposed acquisition, Sembcorp will become the […]

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