Summary: — ## 1. Case Overview | Parameter | Detail | |———–|——–| | **Petition No.** | 335/MP/2025 | | **Petitioner** | Gujarat Urja Vikas Nigam Limited (GUVNL) – State discom | | **Respondent** | Adani Power Limited (APL) – Power generator | | **Legal Provisions** | Sections 79(1)(b) and (f) of the Electricity Act, 2003 […]
Adani’s bid to buy out AES from Odisha Power falls apart
The Odisha government has scuttled the plans of billionaire Gautam Adani-controlled Adani Power Ltd to acquire a 49% stake in Odisha Power Generation Corp (OPGC) from New York-listed AES Corp. The state government, which owns 51% of the power producer, has exercised its ‘right of first refusal’ to effectively disallow Adani Power from buying […]
