What is the Power update on Adani acquisition Of DB Power?

Update on the acquisition of D B Power by Adani Power

In order to complete the acquisition of D B Power, Adani Power and D B Power have mutually decided to further extend the lengthy stop date to February 15, 2023.

Adani Power has agreed to buy D B Power, which owns and runs a functional 2×600 MW thermal power plant in the Chhattisgarh district of Jangir Champa.

With fuel supply agreements with Coal India and long and medium term power purchase agreements covering 923.5 MW of its capacity, D B Power has been successfully running its facilities.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

ECONOMICS OF BUY NOW PAY LATER (BNPL)

Author: Aarush Bhagat Buy now pay later is that financing option which lets you buy items or goods immediately but pay for them into smaller splits that are usually interest free over time. This option operates on a business model that replaces traditional consumer interest charges with heavy merchant commissions and behavioral monetization. It is […]

Read More
Latest

TECHNOLOGY & SOCIETY When the Algorithm Can’t Explain Itself

Author: Itish Garg A closer look at the growing gap between how accurate our AI systems have become, and how little we understand about the choices they make. A while back, I came across a story about a major U.S. bank using an algorithm to set credit limits. Two people with identical financial footprints ended […]

Read More
Latest

Why Do Some Start-ups Fail Despite Having Great Ideas?

Author: Aradhya Aggarwal Exploring business models, market research, customer needs, cash flow and execution.Starting a business, purely begins with a good understanding of what actually it is. A business is an organisation that provides goods and services to fulfil people’s needs and wants whatever they desire for. To start an efficient business the producer should […]

Read More