Adani Power completes acquisition of Vidarbha Industries Power Ltd, goals for 30,670 MW capability by 2030

Image used for illustration goal solely,. | Photo Credit: Dado Ruvic

Adani Power Ltd. (APL) has accomplished the acquisition and backbone plan implementation of Vidarbha Industries Power Ltd. (VIPL) for INR 4,000 crore, in line with a launch issued by the corporate on Tuesday (July 8,. 2025) morning. VIPL operates a 2&occasions;300 MW coal-fired energy plant in Butibori, Nagpur district, Maharashtra.  

VIPL was beneath the Corporate Insolvency Resolution Process (CIRP) beneath the Insolvency and Bankruptcy Code (IBC). The National Company Law Tribunal (NCLT) Mumbai Bench permitted Adani Power’s decision plan on June 18, 2025. Subsequently, the plan was carried out on July 7, 2025.  

With this acquisition, APL’s working capability has elevated to 18,150 MW, the group stated.  

“The acquisition of VIPL is a key milestone in Adani Power’s technique to unlock worth by means of the turnaround of burdened belongings. As we proceed increasing our portfolio, we stay dedicated to supporting India’s imaginative and prescient of ‘Electricity for All’ by delivering dependable, reasonably priced base-load energy that fuels the nation’s sustainable development,” SB Khyalia, Chief Executive Officer of Adani Power Ltd., stated. 

The firm is increasing its base load energy era portfolio by means of brownfield and greenfield initiatives. “APL is setting up six 1,600 MW Ultra-supercritical energy crops (USCTPP) at Singrauli-Mahan in Madhya Pradesh, Raipur, Raigarh, and Korba in Chhattisgarh, and Kawai in Rajasthan. It can be constructing a 1,600 MW greenfield USCTPP at Mirzapur, Uttar Pradesh. Additionally, APL is reviving development of a 1,320 MW Supercritical energy plant at Korba, which it acquired earlier,” the discharge additional learn.

It stated that by 2030, APL’s operational capability will attain 30,670 MW, making it India’s largest non-public base load energy era firm.  

Published – July 08, 2025 09:38 am IST

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