Adani Power completes acquisition of Vidarbha Industries Power after NCLT nod | Stock Market News

Thermal power generation company Adani Power, said on Tuesday, that it has completed acquisition of 600 MW Vidarbha Power, has now become a wholly owned subsidiary of the company effective July 7.

Adani Power share price fell over 2.4 per cent to during the intraday session ₹594.15 apiece on Tuesday, July 7. The Adani Group stock opened at ₹604.40 in the early morning session, as compared to previous close of ₹597.15 on Monday.

Adani Power completes acquisition of Vidarbha Power

According to the exchange filing, the company has completed the acquistion and resolution plan implementation Vidarbha Industries Power (VIPL) for an aggregate consideration of ₹4,000 crore.

On June 18, 2025, the National Company Law Tribunal (NCLT) had approved Adani Power’s resolution plan.

“The acquisition of VIPL is a key milestone in Adani Power’s strategy to unlock value through the turnaround of stressed assets. As we continue expanding our portfolio, we remain committed to supporting India’s vision of ‘Electricity for All’ by delivering reliable, affordable base-load power that fuels the country’s sustainable growth,” said SB Khyalia, Chief Executive Officer, Adani Power Ltd.

The company further informed that the its operating capacity has risen to 18,150 MW with this acquisition. “ APL is further undertaking the expansion of its base load power generation portfolio through a mix of brownfield and greenfield projects,” it said.

It is currently constructing six brownfield Ultrasupercritical power plants (USCTPP) of 1,600 MW each at its existing locations at Singrauli-Mahan in Madhya Pradesh, Raipur, Raigarh, and Korba in Chhattisgarh, and Kawai in Rajasthan, in addition to a 1,600 MW greenfield USCTPP at Mirzapur, Uttar Pradesh. 

Apart from this, it is also reviving the construction of a 1,320 MW Supercritical power plant at Korba that it has acquired previously. With this, APL would cement its position as India’s largest private base load power generation company with 30,670 MW of operational capacity by 2030.

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