SummaryModern wireless communication networks frequently have lower application throughput due to higher number of collisions and subsequent retransmission of data packets. Moreover, these networks are characterized by restricted computational capacity due to limited node‐battery power. These challenges can be assessed for deploying fast, reliable network design with resource‐restrained operation by means of concurrent optimization of multiple performance parameters across different layers of the conventional protocol stack. This optimization can be efficiently accomplished via cross‐layer design with the aid of network coding technique and optimal allocation of limited resources to wireless links. In this paper, we evaluate and analyze intersession coding across several source–destination pairs in random access ad hoc networks with inherent power scarcity and variable capacity links. The proposed work addresses the problem of joint optimal coding, rate control, power control, contention, and flow control schemes for multi‐hop heterogeneous networks with correlated sources. For this, we employ cross‐layer design for multiple unicast sessions in the system with network coding and bandwidth constraints. This model is elucidated for global optimal solution using CVX software through disciplined convex programming technique to find the improved throughput and power allocation. Simulation results show that the proposed model effectively incorporates throughput and link power management while satisfying flow conservation, bit error rate, data compression, power outage, and capacity constraints of the challenged wireless networks. Finally, we compare our model with three previous algorithms to demonstrate its efficacy and superiority in terms of various performance metrics such as transmission success probability, throughput, power efficiency, and delay.