Adani Power Wins CCI Nod to Fully Buy GVK Energy and Jump Deeper into Hydropower

Published on 13 May 2026

A 330 MW Uttarakhand project becomes Adani Power’s

Adani Power has received Competition Commission of India approval to fully acquire GVK Energy through its subsidiary Alaknanda Hydro Power Ltd. The deal, cleared on May 12 under the Insolvency and Bankruptcy Code, brings a 330 MW Srinagar hydropower project in Uttarakhand. The acquisition boosts renewables and expands Adani’s geographic footprint as its capacity targets rise.

CCI clears Adani Power’s full acquisition of GVK Energy
Deal adds 330 MW Srinagar hydropower in Uttarakhand
Acquisition structured under the IBC resolution framework
Strengthens Adani’s shift from thermal-heavy to diversified power

#competition commission of india #hydropower #adani power #gvk energy #cci approval

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Adani Power Wins CCI Nod to Fully Buy GVK Energy and Jump Deeper into Hydropower

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