GMR Infrastructure’s subsidiary -- GMR Energy -- is reportedly in talks with international players to sell around 40-50% stake in Emco Plant. Emco is a 600MW coal-fired project and the total project cost of the project is around Rs 3,948 crore.
Sembcorp, GDF Suez is in race to buy stake in Emco Plant.
GMR Infrastructure is a Bangalore headquartered global infrastructure major with interests in Airports, Energy, Highways and Urban Infrastructure sectors. It has successfully employed the public-private partnership model to build a portfolio of high quality assets.
Your portfolio may have substantial downside risks!
Review your portfolio with MoneyWorks4me and get it future ready. Let us not miss our hard earned gains. Book your Free demo to discuss with our Experts.