GMR Energy buys stake in Himtal Hydra Power

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.