Posted on February 25, 2025, by Niftynews
Adani Power shares surged on Tuesday, February 25, 2025, following news that the company’s resolution plan for the acquisition of Vidarbha Industries was approved by the Committee of Creditors. This news caused the Adani Power share price to skyrocket, marking an impressive increase of 9.5%, reaching ₹514.75 per share during intraday trading on the Bombay Stock Exchange (BSE). The rally came amidst heavy volumes on the counter, which attracted significant attention from investors.
At 1:30 PM IST, the benchmark Sensex index had only gained 0.3%, contrasting with the more significant rise in Adani Power stock price. By the time of this report, 1.38 million shares had changed hands on the BSE. Including the volume from the National Stock Exchange (NSE), a total of 15.34 million shares had been traded.
Resolution Plan and Acquisition Details
The rally in Adani Power shares followed the approval of the company’s Resolution Plan for Vidarbha Industries Power Limited, which was undergoing an insolvency process as per the Insolvency and Bankruptcy Code, 2016. Vidarbha Industries, which operates a 2×300 megawatt thermal power plant in the MIDC Industrial Area in Butibori, Nagpur, Maharashtra, will now become a part of the Adani Power portfolio. This marks a significant move for Adani Power in expanding its thermal power generation capacity.
On February 24, 2025, Adani Power received a Letter of Intent from the Resolution Professional, marking the official acquisition process of Vidarbha Industries. This acquisition is expected to further strengthen Adani Power’s position in the thermal power generation market.
Adani Power’s Expansion Through Acquisitions
The acquisition of Vidarbha Industries is part of a series of strategic acquisitions by Adani Power aimed at consolidating its presence in the thermal power sector. Last year, Adani Power made notable acquisitions, including:
- Dahanu Power Ltd for ₹815 crore
- Lanco Amarkantak Power Limited (LAPL) for ₹4,101 crore
- Coastal Energen for ₹3,330.88 crore
These acquisitions were strategically designed to expand the Adani Power portfolio and increase synergies across the company’s thermal power generation assets. The Adani Group continues to strengthen its position in the energy sector through these well-timed and high-value acquisitions.
Heavy Trading Volumes and Stock Performance
The Adani Power stock saw a dramatic rise in trading volume. The average trading volume on the BSE for the past two weeks was around 0.51 million shares, but on February 25, the volume spiked to 15.34 million shares combined across both the BSE and NSE. This surge in trading volume indicates heightened investor interest in the stock, driven by the acquisition news and the resolution plan approval.
Other Adani Group Stocks Rise
In addition to the surge in Adani Power shares, other Adani Group stocks also saw a rise on the same day. The gains were as follows:
- Adani Enterprises: Increased by 2%
- Adani Total Gas: Rose by 3.2%
- Adani Green Energy: Jumped by 3.7%
- Adani Ports and SEZ: Gained 1.7%
The positive momentum across Adani Group stocks suggests investor confidence in the group’s future prospects, particularly with the expansion of its energy and infrastructure assets.
Adani Group’s Commitment to Investments
Meanwhile, Gautam Adani, the founder and chairman of the Adani Group, made significant investment announcements. At the Invest Madhya Pradesh–Global Investors Summit (MPGIS) 2025, Adani committed investments worth ₹1.1 trillion across multiple sectors, including pump storage, cement, mining, smart meters, and thermal energy in Madhya Pradesh.
Additionally, Gautam Adani pledged investments of ₹50,000 crore in Assam under the Advantage Assam 2.0 Investment and Infrastructure Summit, covering sectors such as airports, aero-cities, city gas distribution, transmissions, cement, and road projects.
Conclusion: Adani Power Growth Prospects
The acquisition of Vidarbha Industries and the continued growth of Adani Power showcase the company’s expanding influence in the Indian energy sector. The heavy trading volumes and significant surge in Adani Power share price reflect positive market sentiment regarding the company’s future. Investors are closely watching these developments as Adani Power continues to integrate new assets into its portfolio, consolidating its position as a leader in the Indian power generation market.
With Adani Power focusing on strategic acquisitions and expanding its thermal power generation capacity, the company is well-positioned for future growth and sustained market interest.
