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Meralco and First Pacific to buy GMR's Island stake
04 March 2013
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[gmr]
[first pacific]
[meralco]
A joint venture between Meralco PowerGen and First Pacific has agreed a 70% stake in GMR Energy from GMR Infrastructure. GMR Energy is the project company for the 800MW Island Power combined cycle gas-fired power plant, located on Jurong Island, Singapore. The plant is under construction and is scheduled to begin operations in December...
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