MSN News
7 Aug 2008
Mumbai: India's largest power utility Tata Power has emerged as the only Indian company among the six firms shortlisted to bid for Singapore’s largest power utility, Senoko Power, which is likely to be sold at over $3 billion.
If successful, Tata Power would have access to a generation capacity of 3,300 MW, the largest in Singapore, and cater to 30% of that country’s electricity needs. The other five companies shortlisted by Singapore government-owned Temasek Holdings, which owns Senoko, are Japan's Marubeni and Mitsubishi Corp, Malaysia's YTL Power, France's GDF Suez and One Energy- CLP Holdings, said sources.
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