UPDATE 1-Singapore's Temasek to sell last of 3 power firms

Reuters, 7 Oct 2008, Kevin Lim

SINGAPORE, Oct 7 (Reuters) - Singapore state investor Temasek Holdings [TEM.UL] kicked off the sale of electricity generator PowerSeraya on Tuesday, in a deal that could fetch around $2.5 billion.

PowerSeraya, the last of three power firms that Temasek is selling as part of Singapore's efforts to liberalise its power-generating sector, provides about 28 percent of the city-state's electricity.

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