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Adani Power Merges 10 Subsidiaries in Major Restructuring Move
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CNBC TV18•25-09-2026, 20:09
Adani Power Merges 10 Subsidiaries in Major Restructuring Move
- •Adani Power has completed the merger of 10 wholly owned subsidiaries as part of a group restructuring, effective September 25, 2026.
- •The National Company Law Tribunal (NCLT) benches in Ahmedabad and Mumbai approved the merger scheme.
- •Subsidiaries merged include Adani Power Dahej, Resurgent Fuel Management, Mahan Fuel Management, Orissa Thermal Energy, Korba Power, Anuppur Thermal Energy, Mirzapur Thermal Energy, Emberiza Infra Park, Vidarbha Industries Power, and Kutchh Power Generation.
- •All conditions for the scheme to take effect have been fulfilled, leading to the subsidiaries ceasing to exist as separate legal entities without liquidation.
- •The appointed date for the merger, from which it is deemed to take effect, is April 1, 2025.
Key Questions Answered
The merged subsidiaries include Adani Power Dahej, Resurgent Fuel Management, Mahan Fuel Management, Orissa Thermal Energy, Korba Power, Anuppur Thermal Energy, Mirzapur Thermal Energy, Emberiza Infra Park, Vidarbha Industries Power, and Kutchh Power Generation.
The National Company Law Tribunal benches in Ahmedabad and Mumbai approved the scheme, with Ahmedabad issuing its order on August 4 and Mumbai approving it on September 24, 2026.
The appointed date for the merger to take effect for the specified purposes under the scheme is April 1, 2025.
