<p>T. Ananda Krishnan's Usaha Tegas Sdn aims to invest in KSK Energy Ventures Ltd, The Star newspaper said, quoting sources in the firm. <br />Usaha Tegas may provide as much as US$250 million. The closely-held group might split the funds between KSK Energy and its power projects, and was likely to later increase its investments.<br /><br />Investing in KSK Energy may help Krishnan, 72, tap the demand in the world's third-fastest growing major economy as the nation builds power plants to reduce blackouts. <br />India is studying options to set up a Rs.500 billion ($11 billion) power infrastructure fund to facilitate the construction of electricity generation capacity.<br />Krishnan is Malaysia's richest person after Robert Kuok, with his wealth estimated at $8.1 billion, according to Forbes magazine. <br /><br />The billionaire controls Maxis Bhd, Malaysia's biggest mobile-phone operator, and has interests in real estate, marine transport and oil and gas companies.<br />KSK Energy operates four thermal power plants with a combined capacity of 279 MW, has three facilities aggregating 4,183 MW under construction and plans to build three plants of 5,400 MW, according to its website. <br /></p>
<p>T. Ananda Krishnan's Usaha Tegas Sdn aims to invest in KSK Energy Ventures Ltd, The Star newspaper said, quoting sources in the firm. <br />Usaha Tegas may provide as much as US$250 million. The closely-held group might split the funds between KSK Energy and its power projects, and was likely to later increase its investments.<br /><br />Investing in KSK Energy may help Krishnan, 72, tap the demand in the world's third-fastest growing major economy as the nation builds power plants to reduce blackouts. <br />India is studying options to set up a Rs.500 billion ($11 billion) power infrastructure fund to facilitate the construction of electricity generation capacity.<br />Krishnan is Malaysia's richest person after Robert Kuok, with his wealth estimated at $8.1 billion, according to Forbes magazine. <br /><br />The billionaire controls Maxis Bhd, Malaysia's biggest mobile-phone operator, and has interests in real estate, marine transport and oil and gas companies.<br />KSK Energy operates four thermal power plants with a combined capacity of 279 MW, has three facilities aggregating 4,183 MW under construction and plans to build three plants of 5,400 MW, according to its website. <br /></p>