RIL Buys 26% Stake In Adani Power's Unit For 50 Crore To Secure Captive Power
The transaction between Adani Power and RIL is in line with the captive user policy as defined under the Electricity Rules, 2005, both companies said.
Source: news18.com
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Landmark deal: Indian billionaires Ambani and Adani collaborate for the first time
Mukesh Ambani's Reliance picks up 26% stake in Adani's Mahan Energen power project
Source: gulfnews.com
RIL, Adani Power shares: Reliance enters 20-year PPA with Adani arm for 500MW captive power
Adani Power said that one unit of 600 MW capacity of arm Mahan Energen, Mahan thermal power plant, out of its aggregate operating and upcoming capacity of 2800 MW, will be designated as the captive unit for this purpose.
Source: businesstoday.in
BHEL gains ~2% on clinching deal worth ₹4,000 Crore
The facility would be built close to the current 2,000-MW thermal power station (TPS) in Singrauli, Uttar Pradesh.
Source: indiainfoline.com
Adani Power consolidates Rs 19,700 crore loans availed by six arms into single long-term debt
The revised arrangement will help the company reduce effective interest rate
Source: theweek.in