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Mergers & Acquisitions | 12 November 2012

GPT Infra To Sell Wind Power Biz

by Charmi Gutka
 
@charmi

@GPT_Infraprojects Limited is planning to sell, transfer or otherwise dispose off its wind power business. It has two Wind Turbine Generator based power plants each having 1.25 M.W. capacity both located in Tamilnadu. GPT Infra has received the board approval for the same.


GPT Infraprojects Limited (GPTIL), the flagship company of GPT Group was incorporated in 1980. The company operates primarily in two division – the Sleeper Division and the Infrastructure Division.

Orchid Chemicals Set To Exit Chinese JV With NCPC

Orchid Chemicals and Pharmaceuticals Limited is on course to sell off its holding to its partner in the JV with China’s North China Pharmaceutical Corporation (NCPC).

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Temasek Plans More Investment In India

Singapore government’s investment arm Temasek Holdings is looking at investing in more unlisted players in the country with financial services, banking, consumer led industries, cement companies, pharma and health care being the preferred sectors.

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