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News Brief | February 2014

Korean power firm to invest in $240 m in India

Korea South-East Power Company Ltd (KOSEP), a subsidiary of Korean Government-owned Korea Electric Power Corporation, would invest $240 million for a power project in Maharashtra. The 600-MW thermal power project is being set up by Jinbhuvish Power Generations Pvt Ltd. KOSEP is 40 per cent equity stakeholder in the project that would cost about Rs.3,450 crore.
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