GMR Chhattisgarh Energy

GMR Chhattisgarh Energy Will Be Acquired by Adani Power

"Post the transaction, Adani Power Limited shall hold 100 per cent equity stake in GCEL. Of this, 52.38 per cent stake is to be acquired from the lenders, and the balance 47.62 per cent is to be acquired from the GMR Group," it said. GCEL owns an operational 1.370 megawatt (MW) supercritical thermal power plant in Raikheda, Raipur district, Chhattisgarh. The plant consists of 2 units of 685 MW each, commissioned in June 2015 and April 2016 respectively.