AGP Executive Report
Last update: 6 hours agoFinancial Scrutiny: India’s Enforcement Directorate seized assets worth ₹2,032.81 crore from Reliance Power in a foreign-exchange probe. The agency alleges funds moved through offshore entities, including some based in Mauritius; the claims remain allegations. Renewable Energy: NTPC has invited bids for a 15 MW floating solar plant with 60 MWh of battery storage at Tamarind Falls. Bids close December 7. Business Expansion: Mauritius’s CIEL-backed C-Care bought Kampala’s Roswell Hospital, adding women’s health and fertility services to its Ugandan network. Investment Rules: India’s amended tax treaty with Mauritius tightens eligibility for treaty benefits, putting cross-border investment structures under greater scrutiny. Financial Services: The African Credit Rating Agency, launched in Port Louis, aims to offer a continent-focused approach to credit assessments. Operating Conditions: Recent unrest and curfews have disrupted daily life in Mauritius, with schools closed for the week.
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