Singapore's GIC says to up investment in Indian renewables firm Greenko

Singapore's GIC says to up investment in Indian renewables firm Greenko

Photo: Greenko website

Singapore’s GIC could pump more money into Indian renewable energy firm Greenko Energy Holdings, which could help it double or triple its power capacity over the next 3-5 years, a senior GIC official said on Thursday.

“We’re on the verge of committing to another round of injection,” Chief Investment Officer for Infrastructure, GIC, Eng Seng Ang said at a conference.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter