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VERIFIEDET Finance·neutral
Adani Power inks deals to buy Jaiprakash Power stake, Churk assets for over Rs 4,193 crore total
AI Summary
- ·Adani Power will acquire a stake in Jaiprakash Power Ventures and its Churk assets for over Rs 4,193 crore.
- ·The acquisition is part of a resolution plan for Jaiprakash Associates.
- ·The deal is expected to be completed within 90 days of NCLT approval.