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IDFC picks up 20% in GMR Energy's Orissa power project.India
http://in.reuters.com/article/indiaDeals/idINIndia-399472200...
Submitted by anxora 5 months, 3 weeks, 6 days, 2 hours ago
The SPV will have a total capital cost of $953 million, the company informed BSE. GMR Energy promoted thermal power project in Orissa has achieved a financial closure with Infrastructure Development Finance Company (IDFC) Ltd picking up a 20% stake in project.
Tags: idfc,gmr energy,energy,power,orissa,sale,stake

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