News > Adani Power to buy DB Power for $879 million

Adani Power to buy DB Power for $879 million

Adani Power on Friday agreed to acquire DB Power which owns and operates a running 2x600 MW thermal power plant at District Janjgir Champa in Chhattisgarh. With this acquisition, the Adani Group-backed power flagship will expand its offerings and operations in the thermal power sector in the state.

Adani Power will acquire DB Power at an enterprise value of ₹7,017 crore.