India Infrastructure Fund II to acquire 23.5% stake in Palatana power project

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India Infrastructure Fund II to acquire 23.5% stake in Palatana power project

The second infrastructure fund of India's IDFC Alternatives, the private equity arm of IDFC Ltd., is to acquire a 23.5% stake in Palatana power project in Tripura, a state in Northeast India, for the equivalent to US$68.2 million.

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