Adani Power to acquire 49% stake in Odisha Power Generation Corporation for USD 135 million

Adani Power Limited signed a definitive agreement on June 24, 2020 to acquire a 49% stake in Odisha Power Generation Corporation from AES Corporation for USD 135 million.

“Adani Power Limited (APL) has signed a definitive agreement to acquire 49 per cent stake in Odisha Power Generation Corporation (OPGC) from the AES Corporation (AES) for USD 135 million.”powerline.net.in

• 2 sources
• powerline.net.inAdani Power to acquire AES’s stake in OPGCJun 24, 2020
• power-technology.comIndian authorities approve APL’s 49% stake acquisition in OPGC - Power TechnologyUmesh EllichipuramJul 31, 2020

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