Adani Power Limited (NSEI:ADANIPOWER) is in early discussions with OPG Power Ventures Plc (AIM:OPG) to acquire a 414-megawatt coal-fired plant near Chennai, said two people aware of the development. The deal, if finalized, will likely be valued at INR 10 billion INR 20 billion, the people said on condition of anonymity. OPG Power Ventures is a thermal and renewable energy company listed on the London Stock Exchange's Alternative Investment Market.
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591.6 INR | -0.13% | -1.09% | +12.65% |
Apr. 13 | India asks companies to fire-up power plants to meet rising electricity demand | RE |
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+56.88% | 5.76B | |
+33.57% | 5.06B | |
-1.01% | 3.88B | |
0.00% | 3.72B |
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