Adani Power Gains on ₹4,194 Crore Jaiprakash Deal

Adani Power shares climbed over 1.25% after the company signed agreements with Jaiprakash Associates to acquire a 24% stake in Jaiprakash Power Ventures and the 180 MW Churk thermal plant in Uttar Pradesh for ₹4,193.6 crore under JAL’s NCLT-approved resolution plan. $ADANIPOWER