18 Nov 2025 | 3 Mins Read
Nuvoco Vistas to buy Vadraj Energy from JSW, Alpha Alts
Flipitmoney
Nuvoco Vistas Corp Ltd agreed to acquire Vadraj Energy (Gujarat) Limited from JSW Cement and Alpha Alternatives Holdings for Rs. 200 crore. Rs. 191.63 crore will go to JSW Cement and Rs. 8.36 crore to Alpha Alternatives. The deal aims to increase Nuvoco Vistas' captive power production capacity, improve operational efficiency, and cost management.