Adani Power enters definitive agreements to acquire 24% stake in Jaiprakash Power Ventures and a 180 MW thermal plant from Jaiprakash Associates.
Total acquisition cost is ₹4,193.59 crores as part of NCLT-approved resolution plan implementation.
Competition Commission approval obtained in August 2025; NCLT and NCLAT approvals secured in March-May 2026.
Acquisitions align with company's power generation business and expected to complete within 90 days of NCLT approval.