Adani Power strikes Rs 4,200 crore deal for Jaypee power assets amid group overhaul

Adani Power is buying Jaypee Group's power assets for ₹4,200 crore! This big deal includes stakes in Jaiprakash Power Ventures and a thermal plant. Adani said it will "strengthen the company's generation portfolio." This move helps Adani grow in the power sector as Jaypee restructures.