Monsanto to sales and distribution facilities in 51 countries. In 2005, it finalized the purchase of Seminis Inc, a leading global vegetable and fruit seed company, for $1.4 billion. This made it the world's largest conventional seed company. In 1999 Monsanto sold off NutraSweet Co. In December of the same year, Monsanto agreed to merge with Pharmacia & Upjohn, in a deal valuing the transaction at $27 billion. The agricultural division became a wholly owned subsidiary of the "new" Pharmacia; Monsanto's medical research division, which included products such as Celebrex. In 2000: Pharmacia spun off its agro-biotech subsidiary into a new
Electricity sector in India Board, Kerala State Electricity Board, and Gujarat Urja Vikas Nigam Limited. India's Ministry of Power administers Rural Electrification Corporation Limited and Power Finance Corporation Limited. These central government owned public sector enterprises provide loans and guarantees for public and private electricity sector infrastructure projects in India. Without the realistic assessment of required capacity addition, every major bank, whether in public or private sector, has encouraged the businessmen to install thermal power plants by offering substantial loans at 75% of over estimated costs on overrated plant capacities (literally loan more than 100% of actual project cost) which has led to stranded