{"id":515500,"date":"2022-08-20T11:33:13","date_gmt":"2022-08-20T06:03:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=515500"},"modified":"2022-08-20T11:33:13","modified_gmt":"2022-08-20T06:03:13","slug":"adani-power-to-buy-db-power-for-879-million","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-to-buy-db-power-for-879-million\/","title":{"rendered":"Adani Power to buy DB Power for $879 million"},"content":{"rendered":"<p>BENGALURU: Adani Power Ltd said on Friday it will buy thermal power plant operator DB Power for an enterprise value of $879.14 million as India&#8217;s largest private thermal power producer looks to expand operations.<br \/>\nDB Power owns and operates a thermal power plant in the state of Chhattisgarh and the deal will help Adani expand its operations in the state.<br \/>\nAdani Power is a unit of billionaire and Asia&#8217;s richest person Gautam Adani&#8217;s conglomerate Adani Group, which has businesses ranging from cement to cooking oil.<br \/>\nDB Power has long- and medium-term power purchase agreements for 923.5 megawatt of its capacity, backed by fuel supply agreements with Coal India Ltd and has been operating its facilities profitably, Adani Power said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: Adani Power Ltd said on Friday it will buy thermal power plant operator DB Power for an enterprise value of $879.14 million as India&#8217;s largest private thermal power producer looks to expand operations. DB Power owns and operates a thermal power plant in the state of Chhattisgarh and the deal will help Adani expand its operations in the state. Adani Power is a unit of billionaire and Asia&#8217;s richest person Gautam Adani&#8217;s conglomerate Adani Group, which has businesses ranging from cement to cooking oil. DB Power has long- and medium-term power purchase agreements for 923.5 megawatt of its capacity, [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-515500","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515500","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=515500"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/515500\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=515500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=515500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=515500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}