Adani Power Ltd - ADANI POWER Share Price

Summary

Adani Power Ltd (APL), a part of Adani Group is Indias largest private thermal power producer with a power generation capacity of 13,650 MW including 13,610 MW, of thermal power plants and a 40 MW solar power project. The Company constructed 9,240 MW of thermal power capacity, comprising a 4,620 MW plant of APMuL at Mundra in Gujarat, a 1,320 MW plant of APRL at Kawai in Rajasthan and a 3,300 MW plant of APML at Tiroda in Maharashtra. The Company is engaged in power generation and setting up of power projects. APJL (wholly-owned subsidiary of the Company) is creating a 1,600 MW greenfield ultra supercritical power project in Jharkhand to supply power to Bangladesh. Adani Power was the first company to implement and commission 660 MW supercritical technology units in India. At present, it is currently operating an aggregate of 15,250 megawatts (MW) generation capacity.Adani Power Ltd was incorporated on August 22, 1996 and received a certificate of commencement of business on September 4, 1996. The Company was originally incorporated by Mr. Gautam S. Adani and Mr. Rajesh S. Adani, together with their relatives. The company became a private limited company on June 3, 2002 and the name of the company was subsequently changed to Adani Power Pvt Ltd. In the year 2004, pursuant to internal restructuring amongst the Promoters, the entire shareholding of the company was transferred to Mundra Port and Special Economic Zone Ltd (MPSEZL). Subsequently, on May 29, 2006, MPSEZL... Read More