Adani Power says it is India's largest private producer with capacity of 8,620 Mw

Adani Power added 2,640 Mw the last financial year, accounting for 15 per cent of the addition of 17,000 Mw in India

BS Reporter Ahmedabad
Last Updated : Apr 04 2014 | 12:36 AM IST
Adani Power, a subsidiary of Adani Enterprises and part of the Rs 50,000-crore Adani Group, on Thursday said it had become the largest private power producer in India with the commissioning of the fourth unit of 660 megawatt (Mw) at its power plant at Tiroda in Maharashtra. The overall capacity is 8,620 Mw.

Adani Power added 2,640 Mw the last financial year, accounting for 15 per cent of the addition of 17,000 Mw in India. "The company has commissioned two 660-Mw units in the first quarter, one 660 Mw unit in the third and one 660 Mw unit in the fourth of FY14, two each at Tiroda in Maharashtra and Kawai in Rajasthan," a company statement said. It is developing six power projects across Gujarat, Maharashtra, Rajasthan and Madhya Pradesh.

“It is a significant milestone in the path to achieve Adani Power’s target of generating 20,000 MW by 2020,” said Gautam Adani, chairman, Adani Group.

Post commissioning of Unit 4 at Adani Power’s Tiroda power plant in Maharashtra, the company added 660 MW to its existing installed thermal capacity of 7920 MW. Apart from this, the Adani Group has also installed a 40 MW Solar power plant in Kutch district, Gujarat, taking the overall installed capacity to 8,620 MW, the highest amongst private sector producers, across all fuels.

Founded in 1988, Adani has interests in key industry verticals, resources, logistics and energy.

Adani is developing and operating mines in India, Indonesia and Australia as well as importing and trading coal from many other countries.

Currently, it is one of the largest coal importers in India. We also have extensive interests in oil and gas exploration.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 04 2014 | 12:22 AM IST

Next Story