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Adani Power Gets CCI Nod to Fully Acquire GVK Energy

Summary by IndianWeb2.com
Adani Power Ltd has secured approval from the Competition Commission of India (CCI) to fully acquire GVK Energy, marking a significant step in its diversification strategy and expansion into hydropower.Deal OverviewAcquirer: Adani Power, India’s largest private power producerTarget: GVK Energy via subsidiary Alaknanda Hydro Power LtdAsset: 330 MW Srinagar Hydroelectric Project in UttarakhandProcess: Acquisition under the Insolvency and Bankruptc…
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IndianWeb2.com broke the news on Wednesday, May 13, 2026.
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