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Question

Which company has signed an agreement to acquire the 49% of stake in Odisha Power Generation Corporation?

Options:
A .  Eveready Industries India
B .  Ballarpur Industries Limited
C .  Adani Power Ltd
D .  Aditya Birla Group
Answer: Option C
Adani Power Ltd (APL) has signed an agreement to acquire the 49% of stake(a total of 89,30,237 equity shares) in Odisha Power Generation Corporation(OPGC) from the affiliates of the US-based global energy company, AES Corporation(AES) for USD 135 million (around Rs 1,019 crore). The remaining 51% stake in OPGC is held by the Government of Odisha.

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