Corporate News     05-Mar-24
Adani Power update on resolution plan submitted for Lanco Amarkantak Power
Adani Power announced that the Committee of Creditors (COC) of Lanco Amarkantak Power (LAPL), a company undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC) has approved the Resolution Plan submitted by Adani Power.

In this regard, APL has received a Letter of Intent (LOI) from the Resolution Professional ("RP") on 04 March 2024 at 11:25 p.m.

LAPL owns and operates a 2x300 MW (600 MW) thermal power plant (PhaseI) at Pathadi Village in Korba District of Chhattisgarh. The Phase-I capacity is tied up with Haryana and Madhya Pradesh DISCOMs under long term Power Purchase Agreements. It is also setting up 2x660 MW (1320 MW) expansion capacity under Phase-II.

Previous News
  Adani Power
 ( Results - Analysis 02-Aug-25   16:32 )
  Adani Power drops on profit booking after recent surge
 ( Hot Pursuit - 23-Sep-25   15:37 )
  Adani Power secures 1500 MW thermal power supply deal with UPPCL
 ( Corporate News - 12-May-25   09:17 )
  Adani Power update in credit ratings from India Ratings
 ( Corporate News - 08-Feb-24   14:37 )
  Adani Power soars on reporting multi-fold jump in Q2 PAT to Rs 6,594 cr
 ( Hot Pursuit - 02-Nov-23   14:44 )
  Adani Power gains after Q1 PAT soars 83% YoY to Rs 8,759 cr
 ( Hot Pursuit - 03-Aug-23   16:44 )
  Adani Power consolidated net profit rises 1618.01% in the June 2022 quarter
 ( Results - Announcements 03-Aug-22   17:04 )
  Adani Power Ltd Slides 6.57%, BSE Utilities index Drops 1.97%
 ( Hot Pursuit - 12-Aug-24   09:30 )
  Adani Power consolidated net profit declines 95.99% in the December 2022 quarter
 ( Results - Announcements 09-Feb-23   07:33 )
  Adani Power Ltd Slips 3.69%
 ( Hot Pursuit - 15-May-23   09:45 )
  Larsen & Toubro wins order for 6,400 MW thermal power capacity from Adani Power
 ( Corporate News - 11-Aug-25   17:22 )
Other Stories
  Bharat Coking Coal to conduct board meeting
  11-Apr-26   17:05
  RS Software (India) to conduct board meeting
  11-Apr-26   17:05
  Garden Reach Shipbuilders& Engineers to discuss results
  11-Apr-26   17:05
  Aesthetik Engineers to hold EGM
  11-Apr-26   16:55
  Anzen India Energy Yield Plus Trust to convene board meeting
  11-Apr-26   16:55
  Pennar Industries schedules EGM
  11-Apr-26   16:55
  Almondz Global Securities to conduct EGM
  11-Apr-26   16:55
  Confidence Petroleum India schedules EGM
  11-Apr-26   16:54
  India Infraspace to convene EGM
  11-Apr-26   16:54
  Religare Enterprises schedules EGM
  11-Apr-26   16:54
Back Top