Adani Power acquires 100% Lanco Amarkantak Power Ltd for Rs 4,101 crore, including a 600 MW power plant and expansion plans, through CIRP.

Adani Power secures NCLT Hyderabad bench approval to acquire 100% shareholding in Lanco Amarkantak Power Ltd (LAPL) for Rs 4,101 crore, as part of LAPL's Corporate Insolvency Resolution Process (CIRP). The acquisition includes a 600 MW thermal power plant in Chhattisgarh and plans to expand capacity by 1,320 MW. This acquisition strengthens Adani Power's position as India's leading private sector power producer.

7 months ago
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