Adani Power completes the acquisition of 600 MW Vidarbha Power

Adani Power Ltd has completed the acquisition of Vidarbha Industries Power Ltd for INR 4000 crore, increasing its capacity to 18150 MW. This move supports India's vision of reliable electricity access.

Adani Power Ltd. (APL), India’s largest private thermal power producer, has successfully completed the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd. (VIPL) for an aggregate consideration of INR 4,000 crore. VIPL is a 2×300 MW domestic coal-fired power plant located in Butibori, Nagpur district, Maharashtra.

VIPL was undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC). On June 18, 2025, the Hon’ble Mumbai Bench of the National Company Law Tribunal (NCLT) approved Adani Power’s resolution plan. Subsequently, the plan was successfully implemented on July 7, 2025.

APL takes its operating capacity 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 is currently constructing six brownfield Ultra-supercritical 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.

"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.

Please note that this message and any attachments may contain confidential and proprietary material and information and are intended only for the use of the intended recipient(s). If you are not the intended recipient, you are hereby notified that any review, use, disclosure, dissemination, distribution or copying of this message and any attachments is strictly prohibited. If you have received this email in error, please immediately notify the sender and delete this e-mail , whether electronic or printed. Please also note that any views, opinions, conclusions or commitments expressed in this message are those of the individual sender and do not necessarily reflect the views of Ver sé Innovation Pvt Ltd.