Nagpur: In a major development in the energy sector, Adani Power Ltd has completed the acquisition of Anil Ambani-led ...

Nagpur: Adani Power has finally taken over Anil Ambani-led Reliance Group's power plant at Butibori for Rs4,000 crore. The acquisition was formally co.

Reacting to the news, Adani Power shares rose by as much as 2.56% to ₹612 on the BSE, while its market capitalisation climbed ...

Nagpur: Anil Dhirubhai Ambani Group (ADAG) company Reliance Power has announced that Vidarbha Industries Power Limited (VIPL), which has a power plant at Butibori, has ceased to be its subsidiary ...

Reliance Power has made a Rs 1,200 crore one-time settlement (OTS) proposal to the lenders of its subsidiary Vidarbha Industries Power Ltd (VIPL) to settle its debt, sources aware of the matter ...

Adani Power Ltd has inched closer to acquiring the bankrupt Vidarbha Industries Power Ltd, a former subsidiary of Reliance Power Ltd, adding to a list of distressed but strategically located power ...

According to Reliance Power’s annual report, VIPL has outstanding loans of Rs 2,216 crore as of March 31, 2022.

Adani Power shares rose by as much as 2.56% to Rs 612 on the BSE, while its market capitalisation climbed to Rs 2.35 lakh crore.

Reliance Power today said state- run Coal India has been directed by the Delhi High Court to immediately commence coal supplies to the Unit-I of Butibori power project.

Anil Ambani-promoted Reliance Power Ltd on Monday proposed a one-time settlement (OTS) to the lenders of Vidarbha Industries Power of Rs 1,200 crore to settle its debt, said a report on Monday.

MW VIPL thermal plant for Rs 4,000 crore. The development came after the Mumbai Bench of the National Company Law Tribunal (NCLT) approved a resolution pl ...