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Adani Power's Valuation of Lanco’s Udupi Plant not Outlandish: IIFL

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  • Published On: August 14, 2014
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Harshvardhan Dole, vice president (institutional equities) at IIFL says Adani Power has valued Lanco Infra's Udupi power plant at an enterprise value of Rs 5 crore per MW, which is lower than the current replacement cost of any other coal-based asset in India.
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