Adani Power to acquire operations of DB Power in Chhattisgarh

23 Aug 2022 , 01:34 AM

Adani Power has agreed to acquire DB Power which owns and operates a running 2×600 MW thermal power plant at District Janjgir Champa in Chhattisgarh DB Power has long and medium-term Power Purchase Agreements for 9235 MW of its capacity backed by Fuel Supply Agreements with Coal India and has been operating its facilities profitably The acquisition will help the Company to expand its offerings and operations in the thermal power sector in the state of Chhattisgarh