Adani Power Limited
The electricity generation target (Including RE) for 2023-24 has been fixed as 1,750 billion unit (BU), i.e. growth of around 7.2% over actual generation of 1,624.158 BU for the previous year (2022-23).
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 15.25 GW 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 Singrauli, 1,370 MW at Raipur, 600 MW at Raipur, over 40 MW (solar) at Kutch, Gujarat, and 1,600 MW at Godda Ultra-supercritical power plant. 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.
- 15.25 -gigawatt (GW) power generation capacity
- First to use super critical technology in India
- Consolidated total income for the first quarter of FY24 stood at Rs. 18,109 crore (US$ 2.19 billion)
Adani Power Limited
| Year | Milestone |
|---|---|
| 2023 |
Adani Power Jharkhand Ltd (APJL), a wholly owned subsidiary of Adani Power Ltd, completed the dependable capacity test for the Godda plant on July 12, 2023. |
| 2022 |
In December 2022, Adani Power gets B score for fulfilling climate and water security commitments. In March 2022, Adani Power, Kowa Company, Ltd. (Kowa), and IHI Corporation signed a MoU for testing environmentally sustainable power generation methods. In March 2022, Adani Solar and Smart Power India (SPI), a subsidiary of Rockefeller Foundation, signed a non-financial and non-commercial MoU to promote the usage of solar rooftop panels in rural India. |
| 2021 |
In September 2021, Adani Group announced plan to invest US$ 20 billion over the next 10 years in renewable energy generation and component manufacturing In June 2021, Adani Power Limited (APL), announced that it will acquire the 1,200-megawatt (MW) Essar Power's Mahan Project located in the Singrauli district of Madhya Pradesh In January 2021, Adani Green Energy commissioned its third 150 MW solar power plant in Kutchh, Gujarat In January 2021, the company won the 600 MW wind-solar hybrid power plant project from the Solar Energy Corporation of India In February 2021, it commissioned 100 MW (50MW each) solar power plants at Jalalabad in Shahjahanpur district and Sahaswan in Budaun district of Uttar Pradesh In January 2021, TOTAL acquired a 20% stake in Adani Green Energy. In addition, as a part of this deal, TOTAL undertook 50% in 2.35 GW portfolio of operating solar assets in Adani Energy Limited. The combined deal amount was worth US$ 2.5 billion |
| 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 created 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 |
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