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Coal block rejection a blessing in disguise for Adani Power

07 Nov 2013

Gautam Adani, promoter of Adani Power Ltd, has a reason to relax, even as the power arm of his group of companies continues to make losses for an eighth straight quarter.
 
While a host of coal and power companies have come under fire from the Central Bureau of Investigation (CBI) for alleged involvement in the coal mine allocation scam, Adani Power has remained unaffected, so far.
 
Source: Business Standard