Restructuring of power holdings likely
SC disallowing compensatory tariff may make Mundra power plants unviable for the two companies
A unit of NTPC's Vindhyachal power plant ran for 559 days previously
Non-availability of domestic fuel linkages and lower power demand has led to Adani Power Limited (APL)'s standalone net loss widening Rs 478.39 crore for the quarter ended December 31, 2016 for the financial year 2016-17, the company informed in its filing on BSE. As against this, the power arm of Adani Group had registered a standalone net loss of Rs 30.24 crore for the said quarter last year.The company's standalone total income for Q3 of FY'17 too fell to Rs 3063.97 crore, from Rs 3195.23 crore of Q3 in the previous fiscal. As per the communique, EBIDTA during the quarter fell by 15.9 per cent from Rs. 2,030 crore in Q3 FY'16 to Rs 1,708 crore in Q3 FY'17, mainly due to lower merchant tariff and prior quarter income recognized in Q3 FY16. On the other hand, finance costs increased from Rs. 1,318 crore in Q3 FY'16 to Rs. 1,430 crore in Q3 FY'17 on account of higher working capital utilization and impact of mark to market on foreign currency derivatives.According to the company, ...
Total income decreased to Rs 5,872 cr as against Rs 6,210 cr a year ago.
The stock dipped 12% to Rs 33.95 after the company posted a consolidated net loss of Rs 325 crore in Q3FY17
In the last financial year, the promoter equity infusion was about Rs 1,100 cr
The company has reported consolidated net loss of Rs 114.40 crore in Q2FY17 as against Rs 410.92 crore in Q2FY16
Net sales of the company during the April-June quarter stood at Rs 5,577.31 crore as against Rs 5,935.61 crore in the year-ago period
Water scarcity impacts Tiroda plant; company had posted a profit of Rs 99 crore in the year-ago quarter
It has also revised its ratings for other long-term bank facilities, from BBB to BBB-
The company said it will increase its borrowing limit to Rs 45,000 crore from Rs 35,000 crore
A MoU was signed by Adani Power & BPDB in August 2015 after a joint declaration was issued during PM Modi's visit to Dhaka in June 2015
The estimated project cost is Rs 10,000 crore and the estimated environment protection cost is Rs 900 crore, said EAC
These non-convertible debentures will be listed on the wholesale debt market of BSE
For the full year, firm came into black from red, posting a profit of Rs 5.62 cr against a loss of Rs 68.63 cr in FY15
Workers suffered injuries after hot water splashed from flash tank vent
The tribunal on April 7, 2016, passed an order on appeals filed against grant of compensatory tariff by CERC to Adani Power
In a first, a viability gap funding project will receive additional amount from the winner