Adani Power to acquire 24% stake in JP Power, other thermal asset for over ₹4,000 crore
Adani Power Ltd., on Thursday, May 21, announced that it has entered into definitive agreements with Jaiprakash Associates as part of the implementation of the NCLT approved resolution plan. Adani Power will acquire 24 stake in Jaiprakash Power Ventures, held by Jaiprakash Associates for a cash consideration of ₹2,993.59 crore. The company will also acquire…
