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Ind-Barath to raise PE funds

Infrastructure Finance
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September 1, 2011September 1, 2011
Ind-Barath to raise PE funds

Hyderabad-based Ind-Barath Power is looking to raise Rs 1,000 crore through private equity, after the company shelved its plans to go public due to volatile market conditions. The company is in discussions to raise the money through a private equity deal of almost the same fund size that it had initially planned to raise through an initial public offer.

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