Follow On WhatsApp Join Now
Follow On Telegram Join Now

Thursday, March 28, 2024

Ambani-Adani POWER PACT: 26% share in Adani Power's MP project

Ambani-Adani POWER PACT

Ambani Adani POWER PACT: 26% share in Adani Power's MP project

In the first joint venture between opposing billionaires, Reliance Industries, led by Mukesh Ambani, has acquired a 26% share in Gautam Adani's Madhya Pradesh power project and agreed to use the 500 MW of electricity produced by the plants for internal use.

Reliance will purchase five crore equity shares at par (₹50 crore) in Mahan Energen Ltd, an Adani Power Ltd fully owned subsidiary.

The equity shares have a face value of ₹10.

The Matka is a site that assists you with getting finance info online from the internet. You will get information related to Share Price, Latest Jobs, Education, Money, Business News, Finance, Trading, Investing News, Market News and many more.



Do Not Forget To Bookmark Our MATKA Site For More Info.

Creative Common Matka Copyright ©. Matka Kalyan site | Matka Result website | Matka Boss website | Matka Guessing site | Satta website.

MATKA ( Money And Teaching is the Key Aspect )