Discussion :: Business
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Which company has signed an agreement to acquire the 49% of stake in Odisha Power Generation Corporation?
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A.
Eveready Industries India
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B.
Ballarpur Industries Limited
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C.
Adani Power Ltd
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D.
Aditya Birla Group
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Answer : Option C
Explanation :
Adani Power Ltd (APL) has signed an agreement to acquire the 49% of stake(a total of 89,30,237 equity shares) in Odisha Power Generation Corporation(OPGC) from the affiliates of the US-based global energy company, AES Corporation(AES) for USD 135 million (around Rs 1,019 crore). The remaining 51% stake in OPGC is held by the Government of Odisha.
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