The world this month – December 2009

Infrastructure news from around the world

PTC India links up with Ashmore for maiden fund

PTC India, formerly known as the Power Trading Corporation of India, has selected UK-based emerging markets specialist Ashmore Investment Management as its joint venture partner for the formation of its maiden private equity fund. In May, the company raised INR5 billion ($107 million; €72 million) through the issue of approximately 66.7