Ahmedabad: Adani Power Ltd (APL) on Tuesday said it has successfully completed the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd (VIPL) for Rs 4,000 crore.
With this acquisition, Adani Power takes its operating capacity to 18,150 MW, cementing 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…