SINGAPORE (Jan 16): Petronas is in talks with I Squared Capital to buy majority stake in Amplus Energy, one of India’s largest rooftop solar power producers, Mint reports, citing two people aware of the development.
* Potential deal worth about 27 billion Indian rupees
* External spokesperson for Amplus declined to comment; I Squared Capital and Petronas did not respond to queries: Mint
* NOTE: Feb. 2017, Statoil, Total, Shell Said to Eye Stake in Amplus Energy: Mint