Adani Power Limited Incorporates SPV for Power Generation

Adani Power Limited has incorporated a special purpose vehicle (SPV) named Moxie Power Generation Limited (MPGL) to carry on the business of generation and sale of power. The company's shareholding in MPGL is 49% of its total share capital. The incorporation of the SPV is in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.,