Adani Power Limited has issued a clarification statement regarding a media article published on Moneycontrol. The article, dated 18th September 2026, suggested Adani Power was eyeing a 51% stake in JP Power by the end of 2026. The company strongly refutes these claims, stating that the article is entirely false and that Adani Power Limited has not undertaken any such action. This clarification aims to address market speculation and provide accurate information to stakeholders.
Adani Power Clarifies Market Speculation
Adani Power Limited has officially responded to a news item that appeared in the media on 18th September 2026. The article, published on Moneycontrol, alleged that Adani Power was in the process of acquiring a 51% stake in JP Power by the end of the year 2026. The company has unequivocally denied these allegations.
Article Deemed False
In a statement released on 18th September 2026, Adani Power Limited clarified that the claims made in the media article are entirely false. The company explicitly stated that it has not undertaken any action related to the acquisition of a stake in JP Power, as suggested by the article. This official denial aims to prevent any misinformation or misinterpretation in the market regarding Adani Power’s strategic activities.
Source: BSE
