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Sovereign Wealth GIC Seeks to Help Genus Roll Out Smart Meters in India

Asian sovereign wealth funds are supporting “Made in India” deals. Gem View Investment Pte Ltd is a sovereign wealth enterprise of Singapore’s GIC Private Limited. GIC and Jaipur-based Genus Power & Infrastructures Ltd formed a platform for Advanced Metering Infrastructure Service Provider (“AMISP”) concessions in India. GIC will own a 74% stake in the smart…

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