Adani Power acquired a 24% stake in Jaiprakash Power Ventures Limited and the Churk thermal power plant assets.
3 reports, 3 independent
Updated Sep 21
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What happened
Adani Power acquired a 24% stake in Jaiprakash Power Ventures Limited and the Churk thermal power plant assets.
Who's involved
What this event is mainly aboutAdani PowerJaiprakash Power Ventures Limited
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The entities involved
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Adani Power
power business arm of Indian business conglomerate Adani Group
Related events
- Adani Power, a major Indian thermal power generator, is a subsidiary of Adani Group.
- Adani Power received a rating from FTSE Russell on September 7, 2026.
- Adani Power operates a hydroelectric power plant in the state of Uttarakhand.
- Adani Power operates as a business arm of Adani Group in India, attracting investment from BlackRock and consortium Alpha Wave Global.
- Lanco sold a stake in Udupi Power Corp to Adani Power, marking Adani's second major buy since acquiring Dhamra Port.