Adani Power acquires VIPL for Rs 4,000 crore; capacity hits 18,150...

Adani Power acquires VIPL for Rs 4,000 crore; capacity hits 18,150 MW

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Adani Power Ltd has acquired Vidarbha Industries Power Ltd for Rs 4,000 crore, increasing its operating capacity to 18,150 MW. The company plans to further expand its generation portfolio to 30,670 MW by 2030 through brownfield and greenfield projects across multiple states. This acquisition aligns with Adani Power's strategy to turnaround stressed assets and support India's 'Electricity for All' vision.

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