In the Indian power industry, there were 40 M&A deals announced in Q1 2024, worth a total value of $1.7bn, according to GlobalData’s Deals Database. The $602.5m acquisition of KSK Mahanadi Power Project from Undisclosed by NTPC was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for Q1 2024 uncovers key trends behind the power market M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals. Buy the report here.
In value terms, M&A activity in India increased by 170% in Q1 2024 compared with the previous quarter’s total of $630.5m and rose by 57% as compared to Q1 2023. Related deal volume increased by 29% in Q1 2024 versus the previous quarter and was 14% higher than in Q1 2023.
The top-ranked financial advisors supporting these M&A deals in India in Q1 2024 were Arihant Capital Markets; Barclays; Cameo Corporate Services with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.
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