Adani Power Acquires Vidarbha Power ₹6,753 Cr Liabilities Resolved in ₹4,000 Cr Deal
𝐀𝐝𝐚𝐧𝐢 𝐏𝐨𝐰𝐞𝐫’𝐬 ₹4,000 𝐜𝐫𝐨𝐫𝐞 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐕𝐢𝐝𝐚𝐫𝐛𝐡𝐚 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬 𝐏𝐨𝐰𝐞𝐫 𝐋𝐭𝐝 𝐢𝐬𝐧’𝐭 𝐣𝐮𝐬𝐭 𝐚𝐧𝐨𝐭𝐡𝐞𝐫 𝐌&𝐀 𝐡𝐞𝐚𝐝𝐥𝐢𝐧𝐞—𝐢𝐭’𝐬 𝐚 𝐩𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐞𝐱𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐡𝐨𝐰 𝐝𝐢𝐬𝐭𝐫𝐞𝐬𝐬𝐞𝐝 𝐚𝐬𝐬𝐞𝐭𝐬 𝐚𝐫𝐞 𝐛𝐞𝐢𝐧𝐠 𝐫𝐞𝐯𝐢𝐯𝐞𝐝 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐬𝐦𝐚𝐫𝐭 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲, 𝐬𝐞𝐜𝐭𝐨𝐫𝐚𝐥 𝐫𝐞𝐟𝐨𝐫𝐦𝐬, 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐈𝐧𝐬𝐨𝐥𝐯𝐞𝐧𝐜𝐲 𝐚𝐧𝐝 𝐁𝐚𝐧𝐤𝐫𝐮𝐩𝐭𝐜𝐲 𝐂𝐨𝐝𝐞 (𝐈𝐁𝐂).
In this video, I’ve discussed:
- Why VIDARBHA INDUSTRIES POWER LIMITED went into insolvency
- How Adani Power is expanding through strategic acquisitions
- What this deal means for India’s energy and infrastructure future
- Why Nagpur is emerging as a thermal power hotspot
- A look at how per megawatt (MW) valuations have shifted—from earlier benchmarks of ₹2–4 crore/MW to now ~₹6.67 crore/MW in this case
- A quick recap of major IBC-driven power plant acquisitions in the last two years
From ₹6,753 crore in liabilities to a ₹4,000 crore resolution—this deal values the 600 MW plant at ₹6.67 crore per MW, signaling a rising premium for well-located, operational assets with long-term PPAs, even in distress.
As India moves toward its 500 GW non-fossil fuel capacity target by 2030, we’ll likely see more such strategic turnarounds—with IBC playing a key enabling role.
🎥 Watch the full breakdown and let me know what you think