Power transmission and distribution entity Adani Energy Solutions (AESL) is looking to divest its Dahanu power plant to group entity Adani Power. The decision is in adherence to its environmental, social, and governance (ESG) commitment. Adani Power currently operates a thermal power capacity of 15.25 GW.

If executed, the deal between Adani Power and AESL will be in line with other group entities such as Adani Enterprises and Ambuja Cements. In June, Adani Enterprises said its board had approved a scheme to merge Stratatech Mineral Resources (SMRPL), its wholly-owned subsidiary, with Mahan Energen, a wholly-owned unit of Adani Power.

During the same month, Adani Group also announced a merger and ownership restructuring for its cement assets. As part of the scheme, Adani Cementation will be merged with Ambuja, while Adani Cement Industries will become a wholly-owned subsidiary of Ambuja Cements.