Adani Power will invest ₹4,194 crore to acquire a 24% stake in Jaiprakash Power Ventures and the Churk thermal plant under the NCLT resolution plan.

Adani Power will invest ₹4,194 crore to acquire a 24% stake in Jaiprakash Power Ventures and the Churk thermal plant under the NCLT resolution plan.

Adani Power to acquire 24% stake in Jaiprakash Power Ventures and thermal assets for ₹4,194 crore.

Adani Group has paid ₹6,000 crore to Jaiprakash Associates' lenders, marking the first tranche of its ₹14,535 crore resolution plan after receiving judicial clearance.