Adani co to acquire DB Power for Rs 7k cr

Anurag Sharma
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DB has 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, said Adani Group’s power arm. The deal, which requires the approvals of the country’s anti-trust agency and other regulators & stakeholders, will expand Adani’s thermal power operations in Chhattisgarh.

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