Bid & Tender


Oman Investment Corp Acquires 2.6 GW Power Plant for $1.5bn in India

The Oman Investment Corporation, in cooperation with the Ministry of Defence’s Pension Fund and a local investment firm, has announced its acquisition of a power plant in India which is owned by Singapore’s Sembcorp Industries.


The acquisition is worth $1.5 billion, with an estimated production capacity of 2.6 gigawatts.


This was announced following the signing of an agreement with Sembcorp Industries in Singapore.


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