Bengaluru, July 8 -- A leading energy infrastructure company known for power generation and distribution has made a significant acquisition. This article covers its purchase of a 600 MW power plant for Rs. 4,000 crore, boosting total capacity and expanding its operational footprint.

Adani Power Limited's stock, with a market capitalisation of Rs. 2,30,066 crores, rose to Rs. 615, hitting the intraday high of up to 3 percent from its previous closing price of Rs. 597.15. However, the stock over the past year has given a negative return of 14.6 percent.

Acquisition Details Adani Power Limited has completed the acquisition of Vidarbha Industries Power Ltd. (VIPL), a 600 MW coal-based power plant located in Nagpur, Maharashtra, for Rs. 4,0...