Adani Power to acquire DB Power for ₹7,017 crore

Industry:    2022-08-22

Adani Power Ltd has agreed to acquire DB Power in a cash transaction at an enterprise value of 7,017 crore as India’s largest private thermal power producer seeks to expand its capacity.

DB Power owns and operates a 2×600 megawatt (MW) thermal power plant at the Janjgir Champa district in Chhattisgarh, Adani Power said in a regulatory filing.

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