Question
GIC, Singapore, has launched a new platform in India to
fund smart metering projects in the country with a capital outlay of $2 billion.GIC will hold a _______ stake; the balance will be Genus.Solution
GIC, Singapore, has launched a new platform in India to fund smart metering projects in the country. The leading global investment firm has joined hands with Genus Power Infrastructures (Genus), a leading metering company, to set up the platform. GIC will hold a 74 percent stake; the balance will be Genus.The partners have committed to an initial pipeline with a capital outlay of $2 billion, and Genus would be the exclusive supplier to the platform for smart meters and associated services.
The human eyeball is composed of three layers. The correct sequence of the layers from exterior to interior is
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