Bangalore-based GMR Infrastructure is in talks with a various private equity funds to raise nearly Rs15bn for its power subsidiary GMR Energy, to enable it to fund its planned expansion, according to a report.

The report stated that the fund-raising would be a combination of equity and debt and not plain vanilla equity financing.

The company plans to increase its power generation capacity to 3,300 MW in the next three years from a little over 800 MW now, report adds.