Blackstone to invest in Moser Baer project

0
123

Blackstone Group, a US based company, will invest US$ 300 million in Moser Baer Projects Pvt Ltd (MBPPL) by picking up a minority stake in the company. According to Deepak Puri, founder, MBPPL has plans to commission projects amounting to a capacity of 5,000 MW by 2016. Blackstone Group plans to invest close to US$ 1 billion over a couple of years.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Are you human? *