Adani Power Share Price Gains After Rs 4,000 Crore Vidarbha Acquisition

Market Performance

Adani Power's share price witnessed notable movement on July 8, following the successful acquisition of Vidarbha Industries Power Ltd. (VIPL).

• The stock surged by 3% to hit an intraday high of ₹615 on the NSE.
• Around 9:45 a.m., the stock was trading at ₹ 604.90, up 1.3%.
• This marks the second consecutive day of gains for the company's stock.

Main News: Acquisition of Vidarbha Industries Power Ltd.

Adani Power Ltd. has officially completed the acquisition and implementation of the resolution plan for VIPL, a 2×300 MW domestic coal-fired power plant located in Butibori, Nagpur (Maharashtra).

• The acquisition was finalized at a total cost of ₹4,000 crores.
• VIPL was undergoing the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code.
• On June 18, 2025, the Mumbai Bench of NCLT approved the resolution plan.
• The plan was implemented successfully on July 7, 2025.

This acquisition has increased Adani Power's operating capacity to 18,150 MW, enhancing its footprint in the thermal power sector.

Company Details: Expansion Plans & Capacity

Adani Power continues to strengthen its presence in the Indian power sector through strategic acquisitions and capacity expansions.

• The company is currently constructing six brownfield Ultra-supercritical Thermal Power Plants (USCTPPs) of 1,600 MW each.
• Locations include Singrauli-Mahan (Madhya Pradesh), Raipur, Raigarh, and Korba (Chhattisgarh), and Kawai (Rajasthan).
• Additionally, a greenfield 1,600 MW USCTPP is under development in Mirzapur, Uttar Pradesh.

With these developments, Adani Power is poised to become the largest private base-load power generation company in India, targeting an operational capacity of 30,670 MW by 2030.

Executive Commentary

SB Khyalia, CEO of Adani Power Ltd., emphasized the company's commitment to national growth:

"As we continue expanding our portfolio, we remain committed to supporting India's vision of 'Electricity for All' by delivering reliable, affordable base-load power that fuels the country's sustainable growth."

Summary of the Article

• Adani Power share price rose by up to 3% on July 8, following the ₹4,000 Crore acquisition of Vidarbha Industries Power Ltd.
• The acquisition has boosted the company's operational capacity to 18,150 MW.
• The company is actively expanding with several large-scale USCTPP projects underway across multiple Indian states.
• Adani Power aims to achieve 30,670 MW capacity by 2030, further cementing its leadership in the sector.