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Adani Power acquires 99.8% stake in Mirzapur Thermal Energy

06 Jun 2024 Evaluate

Adani Power has been allotted 50,00,000 equity shares of Rs 10 each by Mirzapur Thermal Energy U.P. (MTEUPL) on preferential basis resulting in a 99.8% equity stake in MTEUPL. Consequently, MTEUPL has become a subsidiary of the Company. The object is to set up infrastructure facilities/ capacity augmentation of the company. 

Adani Power is engaged in the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever. 


Adani Power Share Price

198.40 5.30 (2.74%)
17-Apr-2026 16:59 View Price Chart
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