ABU DHABI/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. ...
Read More »Billionaire Adani nears acquisition of GMR power plant
Bloomberg Indian billionaire Gautam Adani’s energy unit is nearing a deal to acquire a 1,370-megawatt thermal power plant backed by GMR Infrastructure Ltd., according to people with knowledge of the matter. Adani Power Ltd. will take over about 38 billion rupees ($543 million) of loans out of a total of 58 billion rupees that GMR Chhattisgarh Energy Ltd. owes, said ...
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