Adani Power Limited has incorporated a wholly owned subsidiary, Integrated Power Supply Limited (IPSL), on May 14, 2026. The company received the certificate of incorporation on May 16, 2026, according to its stock exchange filing. IPSL has been incorporated in India with an authorised share capital of Rs 5,00,000, divided into 50,000 equity shares of…
The Competition Commission of India (CCI) has approved the acquisition of 100% share capital and control of GVK Energy Limited by Adani Power Limited under the corporate insolvency resolution process (CIRP) framework of the Insolvency and Bankruptcy Code, 2016. The transaction involves the complete acquisition of GVK Energy Limited, a subsidiary of GVK Power and…
The Expert Appraisal Committee (EAC) for the Thermal Power Sector under the Ministry of Environment, Forest and Climate Change has approved the Terms of Reference (ToR) for the expansion of Adani Power Limited’s Raipur Thermal Power Plant in Chhattisgarh. The approval, granted during the committee’s 42nd meeting held on April 30, 2026, allows the company…
The Rajasthan Electricity Regulatory Commission has issued an order in the dispute between Adani Power Limited and Rajasthan state distribution companies over the methodology for computation and adjustment of Late Payment Surcharge (LPS) under the Power Purchase Agreement (PPA) for the 1,200 MW Kawai thermal power station. In its order on Petition No. RERC/2249/2024, the…
The Expert Appraisal Committee for Thermal Projects has recommended environmental clearance for Adani Power Limited’s 2,400 MW coal-based ultra super critical project in Bhagalpur district, Bihar. The project will be developed at Pirpainti block across seven villages, Simatpur, Mariakol, Mundwa urf Tundwa, Sundarpur, Mayanagar, Pirpainti and Raipur, over 479 hectares allotted by the Bihar State…
Adani Power Limited has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying 2,500 MW of round-the-clock (RTC) renewable energy. The company disclosed that the LoA was received on April 1, 2026. The contract follows Adani Power being declared the successful bidder through an e-reverse auction process. It…
Adani Power Limited (APL) has expressed in-principle interest in acquiring power assets and investments from Jaiprakash Associates Limited (JAL), following approval of a resolution plan by the National Company Law Tribunal (NCLT). The Allahabad bench of the NCLT at Prayagraj approved the plan on March 17, 2026, with the order uploaded on March 18. The…
Adani Power Limited has received a Letter of Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the long-term supply of 1,600 MW of thermal power. The company disclosed the development to stock exchanges on Saturday. The award followed a competitive bidding process in which Adani Power emerged as the lowest-tariff bidder, quoting Rs…
Adani Power Limited has allotted secured, listed, non-convertible debentures worth Rs 7,500 crore through a private placement. The issuance is part of a fundraising plan approved earlier by the company’s Board. The debentures have been issued in multiple series with tenors ranging from two to five years and are rated AA with a stable outlook….
The Supreme Court of India has allowed an appeal by Adani Power Limited, holding that the levy of customs duty on electricity supplied from its Special Economic Zone (SEZ) plant to the Domestic Tariff Area (DTA) lacked legal authority. The Court has directed the Union of India to refund the duties collected between 16 September…