Tuesday, December 31, 2019

Adani, NTPC in fray to acquire Avantha’s stressed power plant

This is the first time NTPC, the country’s largest power producer, has bid for any stressed project, while Gautam Adani-led Adani Power is on a buying spree, having recently acquired GMR Infrastructure’s 1,370 mw coalbased power plant in Chhattisgarh for a debt component of Rs 3,530 crore and equity outgo of Rs 1.

from Energy-Industry-Economic Times https://ift.tt/36eEi2h

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