{"id":359023,"date":"2020-06-24T11:51:52","date_gmt":"2020-06-24T06:21:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=359023"},"modified":"2020-06-24T11:51:52","modified_gmt":"2020-06-24T06:21:52","slug":"adani-power-to-acquire-us-based-aes-stake-in-odisha-power-plant","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-to-acquire-us-based-aes-stake-in-odisha-power-plant\/","title":{"rendered":"Adani Power to acquire US-based AES\u2019 stake in Odisha power plant"},"content":{"rendered":"<p>Adani Power on Tuesday said it had signed definitive agreements with US-based AES Corporation to acquire the latter\u2019s 49% stake in the 1,740-MW Banharpalli thermal power plant in Odisha. The remaining 51% of the plant is owned by the Odisha government. The financial details of the deal were not disclosed.<\/p>\n<p>The plant had recently increased its capacity by 1,320 MW through a Rs 11,000-crore expansion project. It has a long-term power purchase agreement (PPA) valid for 25 years with the host state, and sources fuel from a nearby captive mine. The acquisition marks Adani Power\u2019s foray into Odisha.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Power on Tuesday said it had signed definitive agreements with US-based AES Corporation to acquire the latter\u2019s 49% stake in the 1,740-MW Banharpalli thermal power plant in Odisha. The remaining 51% of the plant is owned by the Odisha government. The financial details of the deal were not disclosed. The plant had recently increased its capacity by 1,320 MW through a Rs 11,000-crore expansion project. It has a long-term power purchase agreement (PPA) valid for 25 years with the host state, and sources fuel from a nearby captive mine. The acquisition marks Adani Power\u2019s foray into Odisha.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-359023","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=359023"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359023\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=359023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=359023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=359023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}