Thursday, 27 December 2012

Asian Genco projects are suffering

Indian power sector has been financed by many merquee funds included General Atlantic, Morgan Stanley, Norwest Partners, Everstone and Goldman Sachs. The financing by the PE biggies was the biggest equity transaction in the power sector till 2010 and touted as endorsing the fundamentals of the sector in India.
Today, all these major the marquee investors are wondering at the fate of their investments most projects of Asian Genco in India have been delayed considerably and face massive cost

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