ADANIPOWER

ADANI POWER SAYS CCI APPROVAL RECEIVED FOR GVK ENERGY RESOLUTION PLAN ⚡️🏭 • 🏛️ Company clarified media reports regarding acquisition of GVK Energy through insolvency process • 📜 GVK Energy was admitted into CIRP on May 6, 2025 following lender action under IBC • 📩 Expression of Interest (EOI) for the CIRP process was invited in July 2025 • 🤝 Adani Power and several other bidders submitted resolution plans • ⏳ Resolution plans are still under consideration and not yet approved by Committee of Creditors (CoC) • ✅ Company said approval from Competition Commission of India (CCI) has been received • 📝 Final CCI order in this regard is awaited 🟢 Impact: Positive (CCI approval marks key progress step in potential acquisition of stressed power assets)