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

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..