Adani's Big Acquisition

Adani Power acquires Lanco Amarkantak Power, expanding its footprint in the Indian power sector. A strategic deal valued at Rs 4,101 crore.

Sources: economictimes

CCI Nods Approval

The Competition Commission of India approves the acquisition, ensuring no adverse market competition effects, and marking a smooth regulatory transition.

Sources: economictimes

Power Play

With this acquisition, Adani Power gains control of two 300 MW thermal units in Chhattisgarh, significantly boosting its energy generation capacity.

Sources: economictimes

Strategic Expansion

This marks Adani Power's second major asset acquisition this fiscal, following a Rs. 3,450 Crore deal with Coastal Energen.

Sources: economictimes

Nationwide Presence

Adani Power solidifies its presence across India, operating in Gujarat, Maharashtra, Karnataka, Rajasthan, and more.

Sources: economictimes