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Adani Power to acquire Korba West Power Co

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Capital Market

From Avantha Power & Infrastructure

Adani Power, a subsidiary of Adani Enterprises and part of the Adani Group announced that it has executed a binding term sheet for acquisition of 100% shares of Korba West Power Co. (KWPC) from Avantha Power & Infrastructure. KWPC owns a completed 600 MW coal power plant at Korba and an expansion phase in progress.

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First Published: Nov 24 2014 | 12:11 PM IST

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