Adani Power shines on getting CCI’s nod to acquire Lanco Amarkantak Power

adani powers arm receives loa for supply of 295 mw power

Adani Power is currently trading at Rs. 536.35, up by 14.45 points or 2.77% from its previous closing of Rs. 521.90 on the BSE. The scrip opened at Rs. 530.00 and has touched a high and low of Rs. 544.65 and Rs. 529.30 respectively. So far 35052 shares were traded on the counter. The BSE … Read more

Adani Power to acquire DB Power

adani powers arm receives loa for supply of 295 mw power

Adani Power has agreed to acquire DB Power, which owns and operates a running 2×600 MW thermal power plant at District Janjgir Champa in Chhattisgarh. DB Power has long and medium-term Power Purchase Agreements for 923.5 MW of its capacity, backed by Fuel Supply Agreements with Coal India, and has been operating its facilities profitably. … Read more

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