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PE Players In Race For Ind-Bharath Power

Posted on August 28, 2008

A host of private equity players are in race to invest around Rs 300 crore in Hyderabad-based Ind-Bharat Power. Farallon Capital, L N Mittal Group, Lehman Brothers and TPG Growth, Actis and New Silk Route are reportedly eyeing a stake in Ind-Bharath Power Infra Limited. It was only in late 2007 that the power generation company landed a total of $70 million from Citigroup Venture Capital International and UTI Ventures.read more...

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