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Adani Power to acquire DB Power

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Capital Market
Adani Power has agreed to acquire DB Power, which owns and operates a running 2x600 MW thermal power plant at District Janjgir Champa in Chhattisgarh.

DB Power has long and medium-term Power Purchase Agreements for 923.5 MW of its capacity, backed by Fuel Supply Agreements with Coal India, and has been operating its facilities profitably.

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First Published: Oct 31 2022 | 4:30 PM IST

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