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VERIFIEDET Finance·neutral
Adani Power strikes Rs 4,200 crore deal for Jaypee power assets amid group overhaul
AI Summary
- ·Adani Power will acquire stakes in Jaypee Group's power companies for approximately ₹4,200 crore.
- ·The deal includes stakes in Jaiprakash Power Ventures and the Churk thermal power plant.
- ·This acquisition is part of the Jaypee Group's restructuring efforts.