Bloomberg.com
6 Aug 2008
By Archana Chaudhary
Aug. 6 (Bloomberg) -- Tata Power Ltd., India's biggest electricity generator outside state control, said it is bidding for Senoko Power Ltd., Singapore's largest power utility. The shares fell to the lowest in more than a week.
``We confirm the development,'' Mumbai-based Tata Power said in a statement today after the Business Standard reported that Senoko Power may be sold for more than $3 billion.
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