Singapore International Political Economy

India’s top private electricity generator, Tata Power Ltd., has announced plans to invest in Singapore’s largest power utility Senoko Power Ltd. according to Bloomberg.

The Singapore investment by Tata Power is estimated at $3 billion and would gain Tata access to of 3,300 megawatts of generation capacity.

Nonetheless, Senoko Power is being shortlisted by Temasek Holdings with the likes of Hong Kong’s CLP Holdings, France’s GDF Suez, Japan’s Mitsubishi Corp. and Malaysia’s YTL Power Bhd also showing interest in the Singapore investment.