Adani Power to fully restore supply to Bangladesh: Report
Feb 15, 2025, at 12:11 am
Adani Power has agreed to resume full electricity supply from its 1,600 MW plant in India to Bangladesh within days, ending a three-month partial shutdown, Reuters report.
Adani Power Q3FY25 profit rises 11.7% to Rs 3,057 cr; board approves Rs 5,000 crore fundraise
Jan 29, 2025, at 04:51 pm
Mumbai: Adani Power on Wednesday reported an 11.7% increase in its consolidated net profit, reaching Rs 3,057.21 crore for the third quarter (Q3) of the financial year 2024-25 (FY25), compared to Rs 2,737.96 crore in the same period last year.
Adani Power cuts electricity supply to crisis-hit Bangladesh over unpaid bills: Report
Nov 02, 2024, at 08:22 pm
Dhaka/New Delhi/IBNS: Adani Power Jharkhand Limited (APJL), a branch of Adani Power, has significantly reduced its electricity supply to Bangladesh due to unpaid bills totaling $846 million, as reported by Bangladesh's The Daily Star on Friday (Nov. 2).
JSW Energy outbids Adani Group and NTPC in race for KSK Mahanadi Power Company
Oct 30, 2024, at 11:39 pm
Mumbai: JSW Energy, part of the Sajjan Jindal-led conglomerate, has emerged as the highest bidder for the bankrupt KSK Mahanadi Power Company, according to a company filing on Tuesday.
Sep 06, 2024, at 10:16 pm
New Delhi: The Adani Group has reassured Bangladesh of a continuous power supply, even though its outstanding receivables have exceeded $800 million, according to sources cited by Moneycontrol.
Adani Power incorporates subsidiary in UAE
Aug 27, 2024, at 05:12 pm
Abu Dhabi/IBNS: Adani Group's subsidiary Adani Power Limited on Monday (August 27) incorporated a wholly-owned subsidiary, Adani Power Middle East Ltd. in Abu Dhabi, United Arab Emirates (UAE), the company informed the exchanges.
BHEL bags Rs 11,000 crore orders from Adani Power and its subsidiary
Aug 26, 2024, at 08:43 pm
Mumbai/IBNS: Bharat Heavy Electricals Ltd. (BHEL), an Indian central public sector undertaking (PSU) and the largest state-owned power generation equipment manufacturer, has informed the exchanges that it has signed a contract agreement with Adani Power Ltd. and its subsidiary Mahan Energen Ltd. to set up three Supercritical Thermal Power Projects, reports said.
Adani Power in talks to buy Reliance Power's 600-MW thermal plant in Nagpur: Report
Aug 19, 2024, at 08:45 pm
Ahmedabad/IBNS: Adani Power, a subsidiary of Adani Group, is in discussion to acquire the 600-MW Butibori thermal power project in Nagpur for Rs 2,000-3,000 crore, and the value of the deal could translate into Rs 4-5 crore per megawatt, Mint reported on Monday (Aug 19) citing its sources.
Political upheaval in Bangladesh raises concerns over Adani Power's transnational supply project
Aug 06, 2024, at 11:17 pm
New Delhi: The political upheaval in Bangladesh, which resulted in the ouster of Prime Minister Sheikh Hasina on August 5, may impact India's first transnational power supply project operated by billionaire Gautam Adani's Adani Power Ltd, according to media reports.
Adani Power shares slightly up after RIL acquires 26% stake in Mahan Energen's unit
Jul 10, 2024, at 10:08 pm
Mumbai/IBNS: The shares of Adani Power were slightly up on Wednesday (July 10), a day after the company's wholly owned subsidiary Mahan Energen Ltd. (MEL) announced that it has entered into a 20-year power purchase deal for 500 MW with Reliance Industries Limited (RIL).
Adani Power Q3FY24: Consolidated profit drops 48% YoY to Rs 2,737 cr
May 02, 2024, at 02:56 am
Ahmedabad: Adani Power, led by Gautam Adani, witnessed a 47.8 percent drop in its consolidated net profit to Rs 2,737 crore for the quarter ending March 2024 (Q4FY24).
Ambani, Adani collaborate as Reliance buys 26% stake in Adani Power project
Mar 29, 2024, at 02:58 am
Mumbai: In a first-ever collaboration between competing billionaires, Reliance Industries, led by Mukesh Ambani, has acquired a 26 percent stake in a Madhya Pradesh power project belonging to Gautam Adani.
CCI approves 100% acquisition of Lanco Amarkantak Power by Adani Power
Mar 27, 2024, at 06:52 am
New Delhi: The Competition Commission of India (CCI) has approved the 100% acquisition of Lanco Amarkantak Power Limited by Adani Power Limited.
Adani Power gets creditors' consent to acquire Lanco Amarkantak Power
Mar 06, 2024, at 05:34 am
Mumbai: Adani Power has obtained consent from creditors for its proposed acquisition of insolvent Lanco Amarkantak Power, the company said in a stock market filing.
Adani Power's Jharkhand plant starts supply to Bangladesh
Jun 29, 2023, at 03:05 am
Godda (Jharkhand): Adani Power has commenced power exports to Bangladesh from its 1,600MW power plant located in Godda, Jharkhand, the company said in a statement on Tuesday.
Adani Power cancels Rs 70.2 billion DB Power buyout in Chhattisgarh
Feb 25, 2023, at 05:28 am
Mumbai/IBNS: Adani Power has informed the stock exchanges that it has cancelled its proposal to purchase a coal plant project located in central India and that there has been no further development on this issue, news agency ANI reported.
Adani Power's Q3FY23 net profit dips 96 pc y-o-y to Rs 8.7 cr
Feb 09, 2023, at 05:17 am
Mumbai: Adani Power, a part of Adani Group, on Wednesday said its consolidated net profit dipped 96 percent year-on-year Rs 8.7 crore for Q3FY23.