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Adani Power emerges as successful bidder for Essar Power's thermal power project in MP

19 Jun 2021 Evaluate

Adani Power has been emerged as the successful bidder for Essar Power's 1,200 MW thermal power project in Mahan, Madhya Pradesh (MP). The Adani Power bid for the project has been approved by a committee of creditors. Now, it will have to seek the NCLT approval to acquire the project, which is undergoing insolvency proceedings. The deal size of the project is estimated at around Rs 2,800-Rs 3,000 crore.

Adani Power is engaged in the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.

Adani Power Share Price

198.40 5.30 (2.74%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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