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Gayatri Projects to invest Rs 1,000Cr in NCC Power

IL&FS Private Equity-backed infrastructure firm Gayatri Projects is planning to invest up to Rs 1,000 crore in the power generation business run by Nagarjuna Construction and is looking to raise as much as Rs 400 crore through a rights issue to build its resources.

January 19, 2011 / 14:50 IST
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IL&FS Private Equity-backed infrastructure firm Gayatri Projects is planning to invest up to Rs 1,000 crore in the power generation business run by Nagarjuna Construction and is looking to raise as much as Rs 400 crore through a rights issue to build its resources. The company, that also has private investment from ChrysCapital

first published: Jan 19, 2011 11:20 am

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