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Adani Power (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India. The co along with its subsidiaries sell power generated from these projects under a combination of long term Power Purchase Agreements, Short term PPA and on merchant basis.
Adani Power Limited has informed the Exchange about Declaration of the Successful Resolution Applicant and issuance of Letter of Intent for acquiring GVK Energy Limited
Adani Power Limited has informed the Exchange regarding a press release dated September 07, 2026, titled "Adani Power Recognized for Outstanding ESG Performance by NSE Sustainability".
Adani Power sold its wholly-owned subsidiary, Chandenvalle Infra Park, to AdaniConneX for Rs. 535.69 Cr. CIPL holds land parcels but is not yet commercial. This related party transaction, conducted at arm's length, streamlines Adani Power's operations.
Adani Power's appeal to APTEL was allowed, setting aside MERC's order. APTEL directed MERC to recalculate 'Change in Law' compensation based on earlier judgments and operational parameters. This development is favorable, potentially improving future financial positions.
Adani Power's plan to merge 9 key subsidiaries just got NCLT approval in Ahmedabad, streamlining its structure. The amalgamation of Vidarbha Industries Power Ltd. (VIPL) is still awaiting a Mumbai NCLT decision.