{"id":359127,"date":"2020-06-24T12:22:55","date_gmt":"2020-06-24T06:52:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=359127"},"modified":"2020-06-24T13:03:04","modified_gmt":"2020-06-24T07:33:04","slug":"adani-power-acquires-49-stake-in-opgc","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-acquires-49-stake-in-opgc\/","title":{"rendered":"Adani Power acquires 49% stake in OPGC"},"content":{"rendered":"<p>The Adani Power Limited (APL), the country\u2019s largest private sector power producer, on Tuesday signed a definitive agreement to acquire 49% of the stakes in the Odisha Power Generation Corporation (OPGC) from the affiliates of The AES Corporation (AES), a US-based global energy company.<\/p>\n<p>The State Government holds the balance 51% stake.<\/p>\n<p>The OPGC operates a 1,740-MW thermal power plant at Banharpalli in Jharsuguda district which is the mainstay of the State for base load power supply and is among the lowest-cost power generators in the State. The supercritical capacity of 1,320 MW is a recently-commissioned modern plant with low carbon footprint.<\/p>\n<p>The plant has a long-term power purchase agreement (PPA) valid for 25 years with the State-owned off-taker GRIDCO and sources fuel from a nearby captive mine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Adani Power Limited (APL), the country\u2019s largest private sector power producer, on Tuesday signed a definitive agreement to acquire 49% of the stakes in the Odisha Power Generation Corporation (OPGC) from the affiliates of The AES Corporation (AES), a US-based global energy company. The State Government holds the balance 51% stake. The OPGC operates a 1,740-MW thermal power plant at Banharpalli in Jharsuguda district which is the mainstay of the State for base load power supply and is among the lowest-cost power generators in the State. The supercritical capacity of 1,320 MW is a recently-commissioned modern plant with low [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,244,144],"tags":[],"class_list":["post-359127","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359127","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=359127"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359127\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=359127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=359127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=359127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}