Tag: Adani Power

Adani Power bagged Jitpur mine in Jharkhand while Usha Martin won Brinda and Sisai mines in the same state in the second tranche of coal mine auction that began today

Bhubaneswar: Adani Power Limited (APL) on Tuesday said it has signed a definitive agreement to acquire 49 per cent stake in Odisha Power Generation Corporation (OPGC) from the affiliates of the AES Corporation (AES), the US-based global energy company. The Government of Odisha holds the balance 51 per cent stake in OPGC. Odisha Power Generation […]

Bhubaneswar: The Competition Commission of India (CCI) has approved the proposed 49% acquisition of the total equity share capital of Odisha Power Generation Corporation Limited (OPGC) by Adani Power Limited (APL). In June, Adani Power announced to acquire US-based The AES Corporation’s 49 per cent stake in OPGC for USD 135 million (around Rs 1,019 […]

Mumbai: Adani Power’s agreement with AES OPGC Holding and AES India for acquisition of 49 per cent stake in the Odisha Power Generation Corporation (OPGC) has been cancelled as the Odisha government, which holds 52 per cent stake in OPGC has exercised the right of first refusal. In June, Adani Power Ltd had entered into […]