BusinessAdani Power Gets CCI Approval to Acquire GVK Energy Hydropower Project
Adani Power received Competition Commission of India approval on May 12, 2026, to fully acquire GVK Energy's 330 MW Srinagar Hydroelectric Project in Uttarakhand via its subsidiary Alaknanda Hydro Power Ltd. This acquisition diversifies Adani Power's portfolio into hydropower, expanding its renewable energy footprint and strengthening India's clean energy sector.
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