Lenders had pegged Adani Power's latest offer of ₹4,101 crore as the base price for the auction of the thermal power company. They also stipulated that the counteroffers should be at least ₹50 crore higher than the base bid for the auction to proceed. Adani Power and the KPMG-backed resolution professional, Saurabh Kumar Tikmani, did not respond to ET's request for comments. Read The Rest at :
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