Adani Power plans capacity expansion via inorganic route

Adani Power Ltd. (APL) is ramping up its capacity expansion efforts, targeting an increase of 4,800 MW through both inorganic acquisitions and brownfield projects, as outlined by CEO Shersingh B Khyalia. The company is advancing three major projects: two expansions in Chhattisgarh at Raipur and Raigarh, and a new 1,600 MW plant in Uttar Pradesh through its subsidiary Mirzapur Thermal Energy. APL is also seeking approval from the National Company Law Tribunal (NCLT) for the resolution plans of Lanco Amarkantak and Coastal Energen, which would add 3,120 MW to its portfolio.