SG's Sembcorp to sell Indian thermal power arm to Omanese group for $1.5b

SG's Sembcorp to sell Indian thermal power arm to Omanese group for $1.5b

Singapore-based utilities major Sembcorp Industries on Monday said it would sell its entire stake in Sembcorp Energy India Ltd (SEIL) to Tanweer Infrastructure Pte for $1.47 billion (Rs 117 billion) in a move to reduce its greenhouse gas emissions.