Parag Shah, Founder and Partner at Amara Partners MUMBAI / GULF TIME Amara Partners, a ...
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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