News

Earlier, the company had extended the timeline for completion by a month till November 30, 2022

ADTPS supplies power under a long-term Power Purchase Agreement to the Mumbai power distribution circle of Adani Electricity Mumbai

The consolidated total income of the company increased by 5.82% at Rs 14573.70 crore for Q1FY26

Total consolidated income of the company increased by 76.84% at Rs 14,935.68 crore for Q2FY24

Total consolidated income of the company increased by over 2-fold at Rs 15,509.00 crore for Q1FY23

Under the terms of the SPPAs, the net capacity contracted with Haryana DISCOMs has been revised to 600 MW each

The objective of acquisition is to set up infrastructure facilities/capacity augmentation of the Company

Total consolidated income of the company decreased by 18.88% at Rs 10,795.32 crore for Q4FY23

The power will be supplied from a new plant that will be set up in Uttar Pradesh

The company will supply power from a greenfield 3x800 MW Ultra-supercritical power plant, to be set up under the design, build, finance, own, and operate model

VIPL is a 2×300 MW domestic coal-fired power plant located in Butibori, Nagpur district, Maharashtra

The object of acquisition is to set up infrastructure facilities

The six companies -- APML, APRL, UPCL, REL, REGL and APMuL -- now stand amalgamated with APL

Total consolidated income of the company increased 48.21% at Rs 8290.21 crore for Q3FY23

APJL will supply power under a 25-year PPA for corresponding net capacity of 748 MW from Unit 1 to the Bangladesh Power Development Board

The expected timeline for completion of sale/disposal is end of January, 2023

This 1,500 MW order is part of the government’s initiative to meet that future demand

The company is all set to sign agreement for supply of 1496 MW net thermal power to Maharashtra

GQG Partners and other investors bought 31.2 crore shares of Adani Power in a block deal

It has also affirmed the credit rating assigned to short term facilities of the Company at ‘A1+’

The agreement is for a capacity of 360 MW to be supplied from the company’s 4,620 MW power plant

The company also received a B score in water security

The object of acquisition is to set up infrastructure facilities

The Committee of Creditors of VIPL has approved the Resolution Plan submitted by Adani Power

The ACX is a 50:50 joint venture between Adani Enterprises, which is a promoter group company, and EdgeConneX

With the commissioning of this power plant, Adani Group has started a new chapter in cross-border export of electricity to the neighbouring country

Consequently, AIPL and IBPL will cease to be wholly owned subsidiaries upon completion of the sell, as aforesaid

On March 5, Adani Power has received the creditors’ approval for the resolution plan to acquire insolvent Lanco Amarkantak Power

Upon acquisition of equity shares, as above, OTEPL now becomes a wholly owned subsidiary of the Company

Total consolidated income of the company increased by 61.10% at Rs 13355.27 crore for Q3FY24

Total consolidated income of the company increased by 11.07% at Rs 14833.44 crore for Q3FY25

This compares to the sectoral average of 42 and APL’s own FY23 score of 48

Total consolidated income of the company decreased by 5.84% at Rs 14062.84 crore for Q2FY25

The Proposed Combination involves the acquisition of the 100% of the share capital and economic rights of the Targets by the Acquirer

The Certificate of Incorporation was received from Ministry of Corporate Affairs on January 30, 2024