GMR to Sell Stake in Select Power Plants to Tenaga

  • Malaysia's Tenaga Nasional to buy 30% of GMR Energy plants
  • GMR Infrastructure said it will use funds to repay debt

GMR Infrastructure Ltd., which runs India’s biggest airport, will sell part of its holdings in power generation units to Malaysia’s Tenaga Nasional Berhad for $300 million as it seeks to reduce debt.

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