Adani Power To Acquire KSK Mahanadi Power With ₹27,000 Crore Offer | Paisa Live
ABP News Bureau
Updated at:
06 Aug 2024 03:50 PM (IST)
Download ABP Live App and Watch All Latest Videos
View In AppOne of India’s top business tycoons, Gautam Adani, is set to make a major move in the power sector as part of his business expansion plans. Adani Group is reportedly close to finalizing a significant deal through its power subsidiary, Adani Power. The deal involves the acquisition of the troubled Chhattisgarh-based power company, KSK Mahanadi Power. Adani Power has offered ₹27,000 crore for KSK Mahanadi Power, marking the highest bid. Other notable bidders include Capri Global Holdings, Coal India, NTPC, Vedanta, JSW Energy, Jindal Steel & Power, iLab India Special Fund, Rashmi Metallics, and Sherisha Technologies. For more details, watch the complete video.