Adani Power Clinches ₹4,000 Cr Deal for VIPL as NCLT Clears Resolution Plan

Unknown Apr 02, 2026 700 Views

Adani Power Ltd. has secured National Company Law Tribunal (NCLT) approval to acquire Vidarbha Industries Power Ltd. (VIPL) for ₹40 billion, marking a major step in its thermal power consolidation strategy. The Mumbai bench of the NCLT found the resolution plan “viable and feasible,”...