India: Hindustan Power to go public for funding capex

India: Hindustan Power to go public for funding capex

Photo: Pixabay

Hindustan Power Pvt. Ltd may go public in 2017 to raise a part of the capital required to set up a 1,320 MW thermal power plant in the next four years, said a top executive of the company, as it expects electricity demand to pick up due to a likely revival in the fortunes of state power distribution companies.

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