News > Adani Power gets NCLT approval to acquire Lanco Amarkantak Power for Rs 4,101 cr
Adani Power gets NCLT approval to acquire Lanco Amarkantak Power for Rs 4,101 cr
23/08/2024 12:22 PM | Click to read full article
Adani Power will acquire 100 per cent shareholding in the Lanco Amarkantak Power Ltd (LAPL). LAPL owns and operates a 2x300 MW (600 MW) thermal power plant (Phase-I) at Pathadi Village in Korba District of Chhattisgarh. The majority of the power generated from the Phase-I capacity is supplied to Haryana and Madhya Pradesh Discoms under long-term power purchase arrangements through Power Trading Corporation Ltd.