Adani Power Limited is engaged in providing electric power generation by coal-based thermal power plants and coal trading. Its business activity is undertaken at Mundra Thermal Power Plant of the company in Gujarat and Thermal Power Plant of its subsidiaries at Tiroda (Maharashtra), at Kawai (Rajasthan) and at Udupi (Karnataka). It has approximately five power projects. The company operates an aggregate of approximately 10,480 MW generation capacity comprising of over 4,620 MW at Mundra, approximately 3,300 MW at Tiroda, over 1,320 MW at Kawai, approximately 1,200 MW at Udupi, and over 40 MW (solar) at Kutch, Gujarat. It focuses to sell the power generated from these projects under a combination of long-term Power Purchase Agreement and on merchant basis. Its subsidiaries include Adani Power Maharashtra Limited, Adani Power Rajasthan Limited, Udupi Power Corporation Limited, and Adani Power Resources Limited.
Company Website: http://www.adanipower.com
Adani Power Limited
2020 | On September 15, Adani Green Energy's market valuation crossed Rs. 1 lakh crore (US$ 13.58 billion mark) Adani Power will acquire 49% equity stake in Odisha Power Generation Corporation for US$ 135 million Adani Green Energy won a major tender to set up 8 Gigawatt (GW) of manufacturing-linked solar energy projects with investment of Rs. 45,000 crore (US$ 6.38 billion) |
2019 | Adani Power acquired GMR Chhattisgarh Energy |
2017 | A unit of Adani Power plant creates a new national record by running continuously for 600 days. |
2011 | Adani Power conferred with National Energy Conversation Award 2011. |
2010 | Adani Power Limited was awarded KPMG Infrastructure Today Award 2010 for successfully generating over 1,000 MW power as per the committed. |
2009 | Boiler light-up of unit I of Mundra Power Project - Phase I. Amended coal supply agreement with AEL for Mundra Phase IV Power Project. |
2008 | Coal supply agreement with AEL for Mundra Phase III Power Project. Coal supply agreement with AEL for Mundra Phase IV Power Project. Investment Agreement with Ventura Power. |
2007 | Execution of Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for 1,000 MW. Allocation of Lohara West and Lohara Extension (E) coal mining blocks for Tiroda Power Project. |
2006 | Coal supply agreement with AEL for Mundra Phase I Power Project, which was extended to Mundra Phase II Power Project through amendment agreement dated August 10, 2007. |
1996 | Incorporation of the company. |