Adani Power and D B Power have mutually agreed to further extend the long stop date as 15 February 2023, for achieving the closing the transaction for acquisition of D B Power.
Adani Power has agreed to acquire D B Power, which owns and operates a running 2x600 MW thermal power plant at District Jangir Champa in Chhattisgarh.
D B 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.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
