Indian billionaire Adani said to near deal to buy GMR power plant

Indian billionaire Adani said to near deal to buy GMR power plant

Adani group chairman Gautam S. Adani. Photographer: Tomohiro Ohsumi/Bloomberg

Indian billionaire Gautam Adani’s energy unit is nearing a deal to acquire a 1,370-megawatt thermal power plant backed by GMR Infrastructure Ltd., according to people with knowledge of the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter