Adani Power Ltd has secured approval from the Competition Commission of India (CCI) to fully acquire GVK Energy, marking a significant step in its diversification strategy and expansion into hydropower.Deal OverviewAcquirer: Adani Power, India’s largest private power producerTarget: GVK Energy via subsidiary Alaknanda Hydro Power LtdAsset: 330 MW Srinagar Hydroelectric Project in UttarakhandProcess: Acquisition under the Insolvency and Bankruptc…
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