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1. GMR Infrastructures is in a hurry to be in the big league and thus GMR is on the heels to close big-ticket cross-border acquisition with a buyout of 50% stake in US-based power generation firm InterGen and the deal is being valued at $1.1 billion. InterGen has nine plants and has a total production capacity of 5,235 mw.
2. GMR is now competing against Chinese players as well as private equity funds. Intergen has projects spread across the UK, Mexico, Australia, the Philippines and Singapore.
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