Key Highlights
- Acquisition of a 600 MW coal‑based power facility in Butibori, Vidarbha, for ₹4,000 crore.
- Approval by the Mumbai Bench of the National Company Law Tribunal (NCLT) on 18 June 2025, finalized on 7 July 2025.
- Post‑acquisition, Adani Power’s total operating capacity rises to 18,150 MW, positioning it as India’s largest private thermal producer.
- The deal aligns with a 2030 target of 30,670 MW, supported by new brownfield Ultra Supercritical plants and a greenfield site in Mirzapur.
- CEO SB Khyalia reaffirmed a commitment to “Electricity for All” through expansion of base‑load generation.
Detailed Insights
Adani Power Limited (APL) completed a strategic enlargement of its thermal portfolio by taking over the Vidarbha Industries Power Ltd (VIPL) complex, situated in Butibori of Nagpur district. The two 300 MW units, fueled by local coal reserves, have been integrated into APL’s existing network of plants across Gujarat, Maharashtra, Rajasthan and several other states. The transaction, valued at ₹4,000 crore, was sanctioned under India’s insolvency resolution framework and cleared by the NCLT on 18 June 2025, with all formalities sealed by 7 July 2025.
With the Vidarbha addition, the company’s aggregate capacity reaches 18,150 MW, a figure that currently makes APL the preeminent private thermal generator in the country. The firm is simultaneously advancing six ultra‑supercritical brownfield projects—located in the Singrauli‑Mahan belt of Madhya Pradesh, Raipur, Raigarh, Korba, Kawai and a greenfield plant slated for Mirzapur, Uttar Pradesh—aiming to amplify output to 30,670 MW by 2030. A 1,320‑MW supercritical unit at Korba is already back on the construction timeline.
CEO SB Khyalia highlighted that the company’s growth strategy spans both the expansion of brand‑new projects and the rationalization of existing assets to deliver reliable and economically feasible power, reinforcing Adani Power’s pledge to support India’s ambition for universal electrification.
Key Concepts
- Insolvency Resolution Process: A statutory framework under which a financially distressed company’s assets are transferred to a new owner following a court‑approved plan.
- Ultra‑Supercritical Thermal Plant: A coal‑fired power unit operating at temperatures above 600 °C and pressure above 25 MPa, achieving higher thermal efficiency.
- Brownfield Project: New construction undertaken on a site that already hosts an operational facility.
- Greenfield Project: Development of a plant on previously undeveloped land.
- NCLT (National Company Law Tribunal): A quasi‑judicial authority that adjudicates corporate disputes, including insolvency cases.