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Adani Power acquires VIPL for ₹4,000 crore, boosting its thermal power capacity by 600 MW.
Adani Power has completed its acquisition of Vidarbha Industries Power Ltd. (VIPL) for ₹4,000 crore, adding 600 MW of thermal capacity and increasing its total operational capacity to 18,150 MW.
The deal, approved by the National Company Law Tribunal, involves a coal-fired power plant in Butibori, Maharashtra.
Adani Power plans to expand its capacity to 30,670 MW by 2030, aiming to support India's goal of providing reliable and affordable electricity.
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Adani Power adquiere VIPL por ₹ 4,000 crores, incrementando su capacidad de energía térmica en 600 MW.