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Adani Power finalises ₹4K-cr acquisition of Vidarbha plant
Financial Express Pune
|July 09, 2025
ADANI POWER HAS completed the acquisition of Vidarbha Industries Power (VIPL) for ₹4,000 crore, the company said on Tuesday.
VIPL is a 2x300 MW domestic coal-fired power plant located in Butibori in Nagpur district of Maharashtra. The company was undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code (IBC).
This story is from the July 09, 2025 edition of Financial Express Pune.
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