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Sembcorp to Infuse ₹5.169 Billion in its India Arm to Push Renewable Business

The fund is mobilized through a mix of internal funds and borrowings

July 11, 2019

/ Anjana Parikh
/ Finance and M&A, Other
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Sembcorp Industries has increased its equity stake in its India arm Sembcorp Energy India (SEIL) from 93.73% to 94.05%. The company has infused ₹5.169 billion (~$75.33 million) into SEIL to support the growth of its renewable energy business in India.

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Anjana Parikh

More articles from Anjana Parikh.
AuctionBorrowingEquityinternal fundsSECISembcorp Energy IndiaSembcorp Utilities
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