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Gautam Adani's Energy Unit Set To Acquire Gmr Thermal Power Plant | Business Standard News

by business-standard.com posted 2months ago 73 views
Adani Power will also assume non-funded liabilities of about Rs 14 billion, the sources said. : Indian billionaire Gautam Adani’s energy unit is nearing a deal to acquire a 1,370-megawatt thermal power plant backed by GMR Infrastructure, according to people with knowledge of the matter. Adani Power Ltd. will take over about Rs 38 billion ($543 million) of loans out of a total of Rs 58 billion that GMR Chhattisgarh Energy owes, said the people, who asked not to be identified because the information is private.