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Sembcorp Industries to sell India energy unit for $1 5 bln | Companies

Singaporean utilities firm Sembcorp Industries has agreed to sell its Sembcorp Energy India Limited unit to Tanweer Infrastructure for 117.34 billion rupees ($1.47 billion).

Sembcorp Industries sells its India coal-fired power plants for $2 1 billion

The move will see it give up ownership of India's largest independent power producer and enable it to achieve its carbon emissions target ahead of time. Read more at straitstimes.com.

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