Adani Power gets NCLT nod for 1,200 MW thermal project in MP

08 Nov 2021 CW Team

On Wednesday, Adani Power Limited received approval from the National Company Law Tribunal (NCLT) for the acquisition of Essar Power's thermal power project of 1,200 MW in Mahan, Madhya Pradesh.

Adani Power told the media that the Principal Bench of NCLT, New Delhi, has approved the resolution plan of Adani Power Limited for acquiring Essar Power, a firm undergoing insolvency resolution under the Insolvency and Bankruptcy Code.

Essar Power owns a 1,200 MW thermal power plant in Singrauli, Madhya Pradesh.

The acquisition of Essar Power Limited has to be subjected as per the satisfaction of the conditions precedent mentioned under the Resolution Plan of Adani Power, the company said.

Earlier this year, in June, Adani Power had become a successful bidder for Essar Power's 1,200 MW thermal power project.

According to the official sources, the thermal project cost is estimated between Rs 2,800 to Rs 3,000 crore.

Image Source

Also read: Maha electricity body allows Adani Power to procure 500 MW power

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..