By WINSTON CHAI
Sembcorp on Friday announced it has completed the acquisition of a 49 per cent stake in Thermal Powertech Corporation India (TPCIL) for Rs 1,042 crores (S$293 million),
TPCIL is a joint venture between Sembcorp's utility business and Gayatri Energy Ventures. The company is looking to build and operate a 1,320 megawatts coal-fired power plant in Andhra Pradesh, India
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