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Adani seals buyout of stressed thermal power asset in big-ticket deal

By Beena Parmar

  • 08 Apr 2019
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 Adani seals buyout of stressed thermal power asset in big-ticket deal
Credit: Pixabay

Adani Power Ltd has sealed the buyout of a thermal power producer more than four years after first announcing an agreement to snap up the Chhattisgarh-based asset. Ahmedabad-headquartered Adani Power Ltd said on Monday that it has been awarded a letter of intent to acquire debt-ridden Korba West Power Co. Ltd, ......

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