{"id":556448,"date":"2023-02-17T11:09:52","date_gmt":"2023-02-17T05:39:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=556448"},"modified":"2023-02-17T13:02:14","modified_gmt":"2023-02-17T07:32:14","slug":"adani-powers-rs-7k-cr-deal-to-buy-db-power-assets-falls-through","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-powers-rs-7k-cr-deal-to-buy-db-power-assets-falls-through\/","title":{"rendered":"Adani Power&#8217;s Rs 7k cr deal to buy DB Power assets falls through"},"content":{"rendered":"<p>Adani Power Ltd&#8217;s Rs 7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired.<\/p>\n<p>&#8220;We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired,&#8221; Adani Power said in a regulatory filing on Wednesday.<\/p>\n<p>Earlier in August 2022, Adani Power had informed the bourses that it has agreed to acquire DB Power Ltd (DB Power), which owns and operates a running 2&#215;600 MW thermal power plant at district Janjgir Champa in Chhattisgarh.<\/p>\n<p>Queries regarding the status of the deal sent to Adani Power did not elicit any response.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Power Ltd&#8217;s Rs 7,017-crore deal to buy thermal power assets of DB Power has fallen after the initial pact expired. &#8220;We wish to inform that the long stop date under the memorandum of understanding dated August 18, 2022, has expired,&#8221; Adani Power said in a regulatory filing on Wednesday. Earlier in August 2022, Adani Power had informed the bourses that it has agreed to acquire DB Power Ltd (DB Power), which owns and operates a running 2&#215;600 MW thermal power plant at district Janjgir Champa in Chhattisgarh. Queries regarding the status of the deal sent to Adani Power did [&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-556448","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\/556448","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=556448"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/556448\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=556448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=556448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=556448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}