KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has completed the acquisition of a 30% stake in Indian power company, GMR Energy Limited (GEL), for US$300mil.
The strategic investment in GEL will be made via its wholly-owned subsidiary, Power and Energy International (Mauritius) Ltd (PEIM), TNB said in a statement yesterday.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!