YTL in talks to buy 49% in India's thermal power business


NEW DELHI: Infrastructure conglomerate, YTL Corporation Bhd, is in talks with India's NSL Group to acquire up to 49% stake in NSL Orissa Power and Infratech, a thermal power business, Economics Times reported.

"The talks are now in an advanced stage and due diligence process is currently going on," the Business Daily quoted unnamed sources as saying.

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