Nuvoco Vistas has completed the acquisition of Vadraj Energy, a power generation company previously owned by JSW Cement and Alpha Alternatives. The move aims to enhance Nuvoco’s captive power capacity and support the energy requirements of its cement manufacturing operations.
Vadraj Energy operates a 100 MW captive power plant in Kutch, Gujarat, which will now come under Nuvoco’s control. The acquisition is expected to improve operational efficiency, ensure reliable power supply and reduce energy costs for the company’s cement plants.
Nuvoco stated that the addition of Vadraj Energy aligns with its long-term strategy of strengthening self-reliance in power and improving sustainability across its manufacturing footprint. The transaction also reinforces the company’s focus on operational integration and energy optimisation within the cement value chain.