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Adani Power nears VIPL's acquisition
Mint Chennai
|June 20, 2025
Adani Power Ltd has inched closer to acquiring the bankrupt Vidarbha Industries Power Ltd (VIPL), a former subsidiary of Reliance Power Ltd, adding to a list of distressed but strategically located power assets as it strives towards its goal.
The National Company Law Tribunal on 18 June approved Adani Power's ₹4,000 crore resolution plan to acquire VIPL following a majority nod in February by the distressed company's committee of creditors.
Cette histoire est tirée de l'édition June 20, 2025 de Mint Chennai.
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