Did Adani Power Successfully Acquire 600 MW Vidarbha Power and Reach 18,150 MW Capacity?
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Synopsis
Adani Power Ltd has finalized its acquisition of Vidarbha Industries Power Ltd, boosting its operational capacity to 18,150 MW. This strategic move enhances its position as a leading power generator in India, further supporting the nation's goal of 'Electricity for All.' Discover how this acquisition aligns with Adani Power's long-term vision for sustainable energy growth.
Key Takeaways
- Adani Power's acquisition of VIPL enhances its operational capacity significantly.
- Strategic move aligns with India’s goal of ‘Electricity for All.
- Continued expansion through brownfield and greenfield projects.
- Commitment to sustainable energy growth.
- Resilience in managing stressed assets.
Ahmedabad, July 8 (NationPress) - Adani Power Ltd (APL) announced on Tuesday that it has successfully finalized the acquisition and resolution plan execution of Vidarbha Industries Power Ltd (VIPL) for a sum of Rs 4,000 crore.
This acquisition elevates Adani Power's operational capacity to 18,150 MW, reinforcing its status as India’s leading private base load power generation entity, with ambitions to achieve 30,670 MW of operational capacity by 2030.
“The acquisition of VIPL marks a significant achievement in Adani Power’s strategy to extract value from stressed assets. As we expand our portfolio, we are dedicated to supporting India’s vision of ‘Electricity for All’ by providing reliable, economical base-load power that propels the nation’s sustainable development,” stated SB Khyalia, Chief Executive Officer of Adani Power Ltd.
VIPL comprises a 2×300 MW domestic coal-fired power facility situated in Butibori, located in the Nagpur district. It was undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC).
On June 18, 2025, the Mumbai Bench of the National Company Law Tribunal (NCLT) approved Adani Power’s resolution strategy, which was successfully executed on July 7, 2025.
Adani Power elaborated that it is further expanding its base load power generation capabilities through a combination of both brownfield and greenfield initiatives.
Currently, it is engaged in constructing six brownfield Ultra-supercritical power plants (USCTPP) with a capacity of 1,600 MW each at various existing sites including Singrauli-Mahan in Madhya Pradesh, Raipur, Raigarh, Korba in Chhattisgarh, and Kawai in Rajasthan, along with a 1,600 MW greenfield USCTPP in Mirzapur, Uttar Pradesh.
Furthermore, it is resuming the development of a 1,320 MW Supercritical power plant in Korba, previously acquired earlier.
As part of the Adani portfolio, Adani Power boasts an installed capacity of 18,150 MW across thermal power facilities in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil Nadu. Additionally, it operates a 40 MW solar power plant in Gujarat.
Point of View
I observe that Adani Power's strategic acquisition of VIPL signifies a vital progression in India’s energy landscape. This move not only enhances their capacity but also aligns with the national goal of providing electricity access to every citizen. Such initiatives reflect the resilience and innovation in navigating the challenges of stressed assets, setting a benchmark for other players in the industry.
NationPress
21/07/2025
Frequently Asked Questions
What is the significance of Adani Power's acquisition of VIPL?
The acquisition of VIPL is significant as it boosts Adani Power's operational capacity to 18,150 MW, reinforcing its position as India's largest private base load power provider.
How much did Adani Power pay for the acquisition?
Adani Power completed the acquisition of Vidarbha Industries Power Ltd for Rs 4,000 crore.
Where is the Vidarbha Industries Power plant located?
The Vidarbha Industries Power plant is located in Butibori, Nagpur district.
What is Adani Power's future capacity goal?
Adani Power aims to reach an operational capacity of 30,670 MW by 2030.
What type of power plants is Adani Power currently constructing?
Adani Power is constructing six brownfield Ultra-supercritical power plants of 1,600 MW each and a 1,600 MW greenfield USCTPP.
