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3i group invests Rs. 900 cr. in Adani Power

CHENNAI: 3i India Infrastructure Fund, an investment vehicle established by 3i Group, a leading global private equity and venture capital company, has invested Rs. 900 crore ($227 m) for a minority stake in Adani Power Ltd. Adani Power is at present developing an independent 2,640 MW imported coal-based thermal power plant in Gujarat. — Corporate Reporter

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