Adani Power Arm Merges with Stratatech Mineral Resources

0
404

Adani Power Limited has announced that its subsidiary, Mahan Energen Limited (MEL), has approved the merger of Stratatech Mineral Resources, a coal mining company, with itself to enhance fuel security.

Stratatech Mineral Resources, a subsidiary of Adani Enterprises, has been allocated the Dhirauli coal mine in Madhya Pradesh, located near MEL’s thermal power plant. This amalgamation will enable MEL to operate the Dhirauli coal mine as a captive coal source, thereby improving its fuel security. The Dhirauli coal mine has a peak-rated capacity of 6.5 million tonnes of coal per annum.

Previous articlePowergrid Acquires SPV for Khavda Area Transmission System Phase-IV
Next articleVikram Solar: 7-Time Top Performer in PVEL Testing

LEAVE A REPLY

Please enter your comment!
Please enter your name here