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News Brief | April 2014

AP to sell stakes in Hyderabad infra projects

AP is looking to sell its equity stake in several marquee infrastructure projects in Hyderabad, likely kicking up a row because the state is in the process of being divided from Telangana. The stake sale could fetch several hundred crores but it could also lead to controversy, because Hyderabad is located in Telangana, and the new state may claim ownership of the equity holdings in the public-private partnerships.
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