21-May-2026
Corporate News
 
Adani seals Rs 5,693-cr Jaypee buyout: Adani Power takes 24% in JPVL, Adani Ports buys JFIL
21-May-2026

Adani group companies– Adani Ports and Special Economic Zone and Adani Power– have signed definitive agreements to acquire logistics and power assets of Jaiprakash Associates (JAL) under the NCLT-approved resolution plan. While Adani Ports will acquire Jaypee Fertilizers & Industries for Rs 1,500 crore to expand its logistics and warehousing network, Adani Power will buy a 24% stake in Jaiprakash Power Ventures and a 180 MW thermal power plant along with related assets for a combined Rs 4,193.59 crore. Here are the details.

News Source:- https://www.financialexpress.com/business/industry-adani-seals-rs-5693-cr-jaypee-buyout-adani-power-takes-24-in-jpvl-adani-ports-buys-jfil-4246844/