Mumbai, July 8 -- Adani Power has successfully completed the acquisition and resolution plan implementation of Vidarbha Industries Power (VIPL) for an aggregate consideration of Rs 4,000 crore.

VIPL is a 2x300 MW domestic coal-fired power plant located in Butibori, Nagpur district, Maharashtra.

VIPL was undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC). On June 18, 2025, the Hon'ble Mumbai Bench of the National Company Law Tribunal (NCLT) approved Adani Power's resolution plan. Subsequently, the plan was successfully implemented on 07 July 2025.

APL takes its operating capacity to 18,150 MW with this acquisition. APL is further undertaking the expansion of its base load power gener...