𝗔𝗱𝗮𝗻𝗶 𝗣𝗼𝘄𝗲𝗿 𝗴𝗮𝗶𝗻𝘀 𝟰%, 𝗵𝗶𝘁𝘀 𝗻𝗲𝘄 𝗵𝗶𝗴𝗵 in intra-day trade in an otherwise weak market after it agreed to buy the thermal power assets of DB Power.
The acquisition of DB Power's thermal power assets will help the company to expand its offerings and operations in the thermal power sector in the state of Chhattisgarh.
𝗔𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗱𝗲𝗮𝗹
Diligent Power Pvt, a company owned by the founders of DB Corp, agreed to sell a 1,200 MW thermal power plant in Chhattisgarh state to Adani Power at an enterprise valuation of Rs70.2b.
🔗 Disclaimer: http://ow.ly/O7en50JjfL1
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Posted On: 22 Aug 2022 6:15 PM
