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How PE-backed Indian Energy Exchange’s valuation got bumped up in latest deal

By Joseph Rai

  • 30 Mar 2017
Premium
How PE-backed Indian Energy Exchange’s valuation got bumped up in latest deal

PTC India Financial Services Ltd, the financial services arm of the country’s largest power trading company PTC India Ltd, has sold its remaining stake in private equity-backed power trading platform Indian Energy Exchange (IEX).The stake was sold at Rs 132.54 crore, PTC India Financial Services said in a filing to ......

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