Bharti Airtel's subsidiary acquires minority stake in Avaada KNShorapur

For purpose of captive power consumption

Bharti Airtel announced that its subsidiary, Nxtra Data has entered into an Agreement for acquisition of 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.

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