Adani Power secures LoI to acquire GVK Energy; details here - BusinessToday

•Adani Power receives Letter of Intent to acquire GVK Energy Ltd.

•GVK Energy is undergoing Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code.

•Adani Power's ESG performance score improves to 66 from 65 in FY26, ranking higher than other Indian energy companies.

•Adani Power has 18,290 MW thermal power capacity across 13 plants in India and a 40 MW solar power plant in Gujarat.