The Adani Group gained ₹66,000 crore in market capitalisation on Friday after Sebi gave a clean chit regarding the Hindenburg Research allegations
Morgan Stanley assigned a target of ₹818 per share under the base case, an upside of nearly 30 per cent from Thursday's close
Adani group shares: Adani Enterprises, Adani Ports, Adani Power and other group stocks can potentially zoom up to 32%, hint technical charts; check key levels to track here.
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Adani Power on Saturday said it will set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of USD 3 billion (around Rs 26,482 crore). The Adani group company, in a statement, said that it has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd. (BSPGCL) to supply power from the project that will come up at Pirpainti in Bhagalpur district of the state. The PPA is further to the Letter of Award issued by BSPGCL to Adani Power, on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani Power won the project by offering the lowest supply rate at Rs 6.075 per KWh. The company said it plans to invest approximately USD 3 billion to build the new plant (800 MW X 3) and its supporting infrastructure under the Design, Build, Finance, Own, and Operate (DBFOO) model. The company aims to commission the plant in 60 months. The coal linkage for the power p
Adani Power shares slipped 5 per cent in morning deals, logging an intra-day low at ₹602.5 per share; but took a U-turn later; here's why
The project is expected to generate direct and indirect employment of around 9,000-10,000 during the construction phase
In the past one month, Adani Power has outperformed the market by surging 12 per cent, as compared to 0.56 per cent rise in the BSE Sensex and 1.3 per cent decline in BSE Power index.
Adani Power's share price was trading 4.6 per cent higher at ₹637.8 per share compared to previous session's close of ₹609.7 on the NSE
The ₹6,000 crore Wangchhu project, for which agreements were signed today, will meet Bhutan's winter energy demand, with the surplus exported to India in the summer
Adani Power on Friday said it has received shareholders' approval for a stock split in the ratio of 1:5 through a postal ballot notice issued on August 1, 2025. The resolution has been considered as duly passed with the requisite majority, as mentioned in the postal ballot notice dated August 1, a regulatory filing stated. According to the notice, each equity share of Rs 10 will be sub-divided into five fully paid-up equity shares of the face value of Rs 2 each, ranking pari passu in all respects. The voting period began from 9 am on August 6, and ended at 5 pm on September 4. The company explained that the board, at its meeting on August 1, 2025, approved and recommended the share split to facilitate greater participation from retail and small investors. There will not be any change in the amount of authorised, issued, subscribed and paid-up share capital of the company on account of sub-division/split of the equity shares, it had stated. The record date for the sub-division of
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Adani Power on Friday said it has received the Letter of Award (LoA) to set up a 2,400 MW greenfield thermal power plant with an investment of USD 3 billion at Pirpainti in Bhagalpur district of Bihar. In a statement, Adani Power said it has received the LoA for 25-year long-term procurement of electricity from Bihar State Power Generation Company Ltd (BSPGCL), which it will supply from a 2,400 MW (800 MW X 3) greenfield ultra super critical plant to be set up at Pirpainti. This would be followed by the signing of the Power Supply Agreement (PSA) between the entities, it stated. The Bihar State Power Generation Company Ltd (BSPGCL) has awarded the LoA to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL), the two state utilities. "With our upcoming ultra-supercritical, high-efficiency Pirpainti project in Bihar, we are setting new benchmarks in operational excellence and sustainability," S B Khyalia,
Power Mech Projects on Thursday said that it has secured an order worth Rs 370.84 crore from Adani Power arm Mahan Energen for the execution of civil works at the Mahan Phase-III project in Singrauli, Madhya Pradesh. Mahan Energen Ltd was formerly known as Essar Power M P Ltd. The scope of work includes the execution of civil works and erection of prefabricated structural steel for BTG (boiler turbine generator) units 1and 2, the main powerhouse, central control building, ESP, FGD and limestone handling system, switchyard, and other ancillary works for Mahan PHASE III (2 x 800 MW), Mahan Energen Ltd at Singrauli, according to a regulatory filing. "We are delighted to announce that our company has secured Rs 370.84 crore (Excluding GST and BOCW Cess) order from Mahan Energen Ltd (MEL), one of the subsidiaries of Adani Power Ltd, for execution of civil works ," it said. The order will be executed in 30 months from the date of issuance of notice to proceed. PTI KKS 1.0.
L&T has won an ultra mega order worth over Rs 15,000 crore for the supply of Boiler Turbine and Generator (BTG) along with auxiliaries for 6400 MW (800x8) thermal power plant to Adani power.
L&T to build eight 800 MW thermal power units for Adani Power under a contract worth more than ₹15,000 crore, boosting India's baseload electricity capacity
In past one month, select Adani Group stocks have underperformed the market by falling up to 12 per cent, as against 4 per cent decline in BSE Sensex.
The company will supply power from a greenfield 3x800 MW Ultra-supercritical thermal power plant, to be developed under the Design, Build, Finance, Own, and Operate (DBFOO) model
Sensex Today | Stock Market LIVE updates, August 1, 2025: In the broader markets, the Nifty MidCap index was down by 0.59 per cent. Nifty SmallCap index followed suit and slipped 0.85 per cent
Adani Power's revenue for the quarter declined 5.7 per cent year-on-year (Y-o-Y) to ₹14,109.15 crore from ₹14,955.63 crore in Q1 FY25