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3i deploys Rs 700 cr on infra projects

3i deploys Rs 700 cr on infra projects

T3i India Infrastructure Fund, part of the UK-listed 3i group, has invested about $157 million (about Rs 700 crore) in road and power projects, taking close to four months to close the deals as increased approvals from authorities and the fund’s own stricter due diligence extended the time.