Ahmedabad: Adani Power Ltd (APL) on Tuesday said it has successfully completed the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd (VIPL) for Rs 4,000 crore. With this acquisition, Adani Power takes its operating capacity to 18,150 MW, cementing its position as India’s largest private base load power generation company with 30,670 MW…
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The Dartbrook coal mine has been placed into voluntary administration and receivership after failing to meet loan obligations totalling $US113.6 million (A$175 million) to Vitol Asia. The mine, operated by Dartbrook Operations, a subsidiary of Australian Pacific Coal (AQC), is located in New South Wales’ Hunter Valley coal mining region. It operates as an 80:20…
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