Adani Power signals interest in JAL power assets after NCLT nod
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 resolution plan was submitted by Adani Enterprises Limited (AEL), which had secured creditor approval for its Rs 14,535 crore bid…