Tag: Lanco
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India: 1MDB & JSW Energy competing to acquire UPCL
Malaysian company 1 MDB & JSW Energy is leading the race to acquire Lanco’s UPCL power project based at Karnataka. 1MDB is a strategic development company owned by the Malaysian Government and the 2nd largest independent power producer in the Southeast Asian country. The company has come forward as a leader to acquire Lanco Infratech’s…