SINGAPORE (Jan 19): Sembcorp Industries says any listing of its Indian operations isn't imminent, although the company "continually" evaluates options for its business.

This follows reports in India that Sembcorp may be looking to raise about US$500 million ($660 million) in an IPO of its renewable-power assets there.

"The company notes that there have been media reports on rumoured plans for an IPO of a Sembcorp unit in India," says Sembcorp in its filing, "We would like to clarify that we continually evaluate various commercial and financial options for our businesses, including our India business."

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