Key Points
The Competition Commission of India on Tuesday approved Adani Powers acquisition of Lanco Amarkantak Power, according to an order by the antitrust regulator...
Adani Power proposes to acquire a 100% stake and control of bankrupt Lanco Amarkantak following a corporate insolvency resolution process (CIRP), the CCI said..
Last month, Adani Power reportedly won the bid for the debt-laden firm for Rs 4,101 crore...
The acquisition of Lanco Amarkantak, which has two units of 300 megawatt of thermal power each in Chhattisgarh, would further expand Adani Powers capacity..
