20.11.2025 17:10

Vadraj Energy will be acquired by the Indian company Nuvoco Vistas

India’s Nuvoco Vistas announced the acquisition of Vadraj Energy in a strategic move to strengthen its captive power capabilities for its cement plants. 

The total consideration for the acquisition is 2 billion INR. The transaction is expected to close within 10 days from the fulfillment of all condition’s precedent. 

Vadraj Energy, an Indian company, owns and operates power plants located in Kutch and Surat.

Region: India
Image source: OneStone Consulting
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