Friday, 24 March, 2023

Adani Power will purchase DB Power in deal valued at Rs 7,017 Cr

<p>The thermal power assets of DB Power Limited (DBPL) will be acquired by Gautam Adani-led Adani Power for roughly Rs 7,017 Cr in enterprise value. DB Power operates 2 thermal power plants, each with a capacity of 600 MW in the Chattisgarh district of Janjgir-Champa. The purchase will help the business in growing its operations and product offerings in the state of Chhattisgarh&#39;s thermal power sector.</p>