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Sindicatum To Buy 49% In Simbhaoli Sugars’ Co-gen Power Biz

BY  Anil Das
Simbhaoli Sugars is selling its co-generation power assets to a new arm for Rs 196 crore.

Singapore’s Sindicatum Sustainable Resources Group (a global developer, investor and operator of clean energy projects) is acquiring 49 per cent stake in a proposed joint venture that will house co-generation power assets of Delhi-based sugar refinery Simbhaoli Sugars...

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