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Adani Power gets NCLT’s nod to acquire Lanco Amarkantak Power for Rs 4,101 crore

By Economic Times - 4 weeks ago
Adani Power Ltd's resolution plan to acquire Lanco Amarkantak Power Ltd (LAPL) has been approved by the Hyderabad bench of NCLT. Adani Power intends to pay Rs 4,101 crore to take over the distressed company, which has admitted liabilities of Rs 15,633 crore.

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