Adani Power Moves to Acquire Reliance Power’s Butibori Plant in Rs 3,000 Crore Strategic Deal
Adani Power Ltd has entered into discussions to acquire the 600 MW Butibori thermal power project in Nagpur, previously owned by the now-insolvent Reliance Power Ltd, part of Anil Ambani’s business empire. The deal, valued between Rs 2,400 crore and Rs 3,000 crore, reflects Adani Power’s strategic move to strengthen its position as India’s leading…



