In a significant development, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a Letter of Intent (LOI) to Adani Green Energy Limited (AGEL) and Adani Power Limited (APL) for the supply of a massive 6,600 MW of hybrid solar and thermal power. This record-breaking power supply contract, set to bolster Maharashtra’s energy grid, marks […]
Bharat Heavy Electricals Limited (BHEL) has been announced as the contract winner by Mahan Energen Limited, previously known as Essar Power MP Limited and now a wholly-owned subsidiary of Adani Power Limited. This lucrative contract involves the supply of high-end power project equipment to Bandhaura, Madhya Pradesh. From a financial perspective, this contract is valued […]
Adani Power has announced the commencement of commercial operations for Unit 2 of its 2x800MW Ultra-supercritical power project, based in Godda District, Jharkhand. The unit began operations at midnight on 25th June 2023, after successfully completing Reliability Run Tests. Managed by Adani Power (Jharkhand) Limited (APJL), a wholly-owned subsidiary of Adani Power Limited, the entire […]
Adani Power Limited has given up on its previously announced INR 7,017 crores acquisition of DB Power Limited after the long stop date under the memorandum of understanding signed by the parties dated 18 August 2022 expired on Wednesday, 15 February 2023. Last month, the parties mutually agreed to extend the long stop date by […]
Adani Power has reported a profit before tax of INR 212 crores for the third quarter of the fiscal year 2023 (Q3 FY23), an increase of 4% compared to INR 204 crores for the same quarter of the previous fiscal year. The Adani Group subsidiary said that its consolidated total income for the reported quarter […]
Adani Power Limited (APL) has roped in Black & Veatch for streamlining its operations and boost the reliability and performance of its power assets in India to achieve goals such as cutting carbon emissions. According to Black & Veatch, the Indian thermal power producer will install its predictive analytics software at 23 thermal units for […]