Tag: Avaada Indiclean Private Limited

Bharti Airtel’s subsidiary Nxtra Data acquires stake in Avaada KNShorapur

Nxtra Data Limited, a subsidiary of Bharti Airtel, announced it has acquired 11.334% equity stake in Avaada KNShorapur, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws. According to the exchange filing, “we wish to…