Adani Power now owns Vidarbha Industries Power. The big deal worth ₹4,000 crore is done. This move is not just a buyout. It’s a bold step in India’s growing power story.
Vidarbha Industries Power (VIPL) runs a 2,300 MW coal-based power plant in Butibori, Nagpur district, Maharashtra. It was stuck in debt. So, it went into Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC).
Then came Adani Power.
On June 18, 2025, the National Company Law Tribunal (NCLT), Mumbai Bench, gave a green signal to Adani Power’s rescue plan. Just a few weeks later, on July 7, the plan was fully in action. VIPL was now officially part of the Adani empire.
This deal increases Adani Power’s total capacity to 18,150 MW. But they’re not stopping here.
More power plants are coming.
Adani Power is building six new brownfield Ultra Supercritical Thermal Power Plants (USCTPPs). Each will be 1,600 MW. These are coming up in existing areas: Singrauli-Mahan in Madhya Pradesh, Raipur, Raigarh, and Korba in Chhattisgarh, and Kawai in Rajasthan.
Apart from that, there’s a greenfield USCTPP of 1,600 MW coming up at Mirzapur in Uttar Pradesh. Also, a 1,320 MW Supercritical power plant at Korba — which was earlier stuck — is now back in action.
If all goes to plan, Adani Power will hit 30,670 MW by 2030. That’s a huge lead in India’s private power game.
Why This Move Matters
Vidarbha Industries Power was once seen as a lost cause. But with Adani stepping in, it’s getting a second life. This shows how Adani Power is not just expanding, but also reviving India’s power assets.
More power means more jobs, more energy, and fewer blackouts. India’s base load demand is growing fast, and this acquisition strengthens supply.
With VIPL now under its belt, Adani Power isn’t just playing the game. It’s changing it. From crisis to comeback — this is what building power looks like.
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