In an annoucment made by GMR Infrastructure Limited to the stock exchanges, the company has informed that GMR Energy the company’s fully owned subsidary had entered in to a joint venture with Himtal Hydra Power Co Limited based in Kathmandu, Nepal. GMR Energy will purchase 80 per cent stake in the Himtal Hydro company which is developing the ‘250-MW Upper Marsyangdi-2 Hydro Power project’ Nepal.
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