Adani Power Limited (ADANIPOWER) — Announcement

📢 Key Event
Adani Power enters definitive agreements to acquire 24% of Jaiprakash Power Ventures and 180 MW thermal plant

🔄 What Changed
Acquisition of 24% stake in Jaiprakash Power Ventures and 180 MW thermal plant from Jaiprakash Associates

🔮 What's Next
Acquisition expected to be completed within 90 days from March 17, 2026

💡 Investor Takeaway
This acquisition expands Adani Power's generation capacity and strengthens its position in thermal power generation.

Adani Power announced it has entered definitive agreements to acquire 24% of Jaiprakash Power Ventures and a 180 MW thermal plant from Jaiprakash Associates as part of the NCLT-approved resolution plan, marking its first major acquisition under the plan.

📄 View Original Announcement (PDF)

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