Diversified technology, media and financial services company General Electric said on Thursday that it would reinvest with its key customers, the entire $145 million it received following the comprehensive settlement of its Dabhol-related disputes.

The company, which has established the India Development Fund to make investments in projects, aimed at tripling its revenues in India in three years to $3 billion by 2008, it said in a release in Mumbai.

"The GE India Development Fund is a reaffirmation of our commitment to India as we reinvest the money received in settlement of our claims related to the Dabhol Power Project," company president and CEO Scot R Bayman said.

The company sees opportunities in power generation, healthcare, consumer and industrial, security and water and process technologies business. It would also intensify its presence in India across several areas.