Adani Power in early discussions to buy OPG’s thermal plant

Adani Power is reportedly in early discussions with OPG Power Ventures to acquire the latter’s 414 MW coal-based power plant in Tamil Nadu. .

OPG Power Ventures is a thermal and renewable energy company listed on the London Stock Exchange’s Alternative Investment Market. The deal, if finalized, will likely to be valued at Rs 10-12 billion. OPG’s flagship 414 MW thermal plant is located close to the ports of Ennore and Chennai. The plant comprises four units on the same site.