It acquired five million shares in Mirzapur Thermal Energy.
Adani Power acquired a 99.8% equity stake in Mirzapur Thermal Energy U.P. Private Limited, making it one of its subsidiaries.
In a disclosure, Adani Power said it has been allotted five million equity shares worth $0.12 (INR10) each.
Mirzapur Thermal Energy was previously a wholly-owned subsidiary of Adani Infra (India) Limited.
The new subsidiary, which will provide capacity augmentation to Adani Power, is yet to start commercial activities.
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