{"id":515444,"date":"2022-08-20T10:11:26","date_gmt":"2022-08-20T04:41:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=515444"},"modified":"2022-08-20T11:06:03","modified_gmt":"2022-08-20T05:36:03","slug":"adani-power-to-acquire-db-power-for-rs-7017-crore-enterprise-value","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-to-acquire-db-power-for-rs-7017-crore-enterprise-value\/","title":{"rendered":"Adani Power to acquire DB Power for Rs 7,017 crore enterprise value"},"content":{"rendered":"<p>Adani Power on Friday said it will acquire DB Power Ltd, which owns and operates a 2 x 600 MW thermal power plant at district Janjgir Champa in Chhattisgarh, at an enterprise value of Rs 7,017 crore for cash consideration.<\/p>\n<p>DB Power has long- and medium-term power purchase agreements for 923.5 MW of its capacity, backed by fuel supply agreements with Coal India Ltd, and has been operating its facilities profitably, it added.<\/p>\n<p>&#8220;Adani Power Ltd has agreed to acquire DB Power Limited (&#8220;DB Power&#8221;), which owns and operates a running 2&#215;600 MW thermal power plant at District Janjgir Champa in Chhattisgarh,&#8221; the company said in a BSE filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Power on Friday said it will acquire DB Power Ltd, which owns and operates a 2 x 600 MW thermal power plant at district Janjgir Champa in Chhattisgarh, at an enterprise value of Rs 7,017 crore for cash consideration. DB Power has long- and medium-term power purchase agreements for 923.5 MW of its capacity, backed by fuel supply agreements with Coal India Ltd, and has been operating its facilities profitably, it added. &#8220;Adani Power Ltd has agreed to acquire DB Power Limited (&#8220;DB Power&#8221;), which owns and operates a running 2&#215;600 MW thermal power plant at District Janjgir Champa [&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":[135,130,232],"tags":[],"class_list":["post-515444","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515444","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=515444"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515444\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=515444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=515444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=515444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}