Oman Investment Corporation Announces $1.5 Billion Acquisition Of Sembcorp Power Plant In India
(MENAFN- Emirates News Agency (WAM))
SINGAPORE, 6th September, 2022 (WAM) -- Oman investment Corporation, in cooperation with the Ministry of Defence's Pension Fund and a local investment firm, announced its Acquisition of a power plant in India which is owned by Singapore's Sembcorp Industries.
According to the Oman News Agency (ONA), the acquisition worth US$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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