Page 6 - Adani Power

$500 mn in overdue power debt not sustainable: Adani Group to Bangladesh

The power deal, signed under Sheikh Hasina leadership, involves the supply of coal-generated electricity from Adani's 1,600 MW Godda plant, which the Yunus govt claims is opaque and expensive

Adani Power to boost Kawai plant capacity with Rs 18,000 crore investment

Adani Power plans to invest Rs 18,000 crore to expand its Kawai power plant in Rajasthan, boosting its capacity from 1,320 MW to 4,520 MW in two phases

Jigar S Patel of Anand Rathi suggests buying these three stocks today

Recently, Allcargo Logistics has formed a bullish Bat pattern, which is a harmonic chart pattern known for indicating potential reversals.

SC seeks Himachal govt's reply on Adani Power plea for Rs 280 cr refund

The bench of Justices M M Sundresh and Aravind Kumar, however, refused to stay the Himachal Pradesh High Court order overturning a single-bench's decision

SC issues notice to HP on Adani Power's plea seeking Rs 280 cr refund

The Supreme Court on Monday sought response from Himachal Pradesh on a plea filed by Adani Power Limited seeking a refund of Rs 280 crore along with interest from the state government in connection with two hydropower projects in Kinnaur district. On July 18, a division bench of the high court had overturned the decision of a single bench to return the amount of Rs 280 crore to Adani Power. An apex court bench of Justices M M Sundresh and Aravind Kumar issued notice to the Sukhvinder Singh Sukhu government on the appeal filed by Adani Power challenging the high court order. Adani Power has moved the top court against the high court judgment. "It will be crucial to mention here that the Council of Ministers (of Himachal government) had decided to issue the refund vide decision on September 4, 2015. Admittedly, the State on its volition had decided to refund the said monies to the petitioner (Adani Power). "However, the petitioner has remained out of pocket without any reason and at

Adani Power shares surge after incorporating new unit in Middle East

Adani Power's share price surged 1.56 per cent at Rs 671.75 per share on the BSE in Tuesday's intraday deals

Indian power firms owed over $1 bn by Bangladesh amid financial turmoil

Five Indian power companies-Adani Power, SEIL Energy India, NTPC, PTC, and Power Grid Corporation of India-are collectively owed over $1 billion.

Adani group's Ebitda may go past Rs 1 trn in FY25 on infra, power biz

Cement, power, and green energy expected to contribute 86% to growth

Bhel wins thermal projects worth Rs 11,000 crore from Adani Power

BHEL will complete the Kawai Phase-II project in 49 months, the Kawai Phase-III project in 52 months, and the Mahan Phase-III project in 55 months

Bangladesh's crisis leaves Adani Power chasing $800 million in dues

The economic crisis in Bangladesh has deepened, with overall arrears reportedly reaching $2 billion

Here's why Adani Power's shares are in news today; check details

Shares price of Adani Power rose as much as 2.24 per cent at Rs 689 per share on the BSE in Friday's intraday deals

Adani Power gets approval to acquire Lanco Amarkantak Power for Rs 4,101 cr

Adani Power on Thursday said the NCLT Hyderabad bench has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL) for an upfront payment of Rs 4,101 crore. LAPL is undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, a BSE filing said. According to the filing, the acquisition shall be subject to the satisfaction of conditions precedent mentioned under the resolution plan. Adani Power will acquire 100 per cent shareholding in the LAPL for a cash consideration, the filing said. LAPL owns and operates a 2x300 MW (600 MW) thermal power plant (Phase-I) at Pathadi Village in Korba District of Chhattisgarh. The majority of the power generated from the Phase-I capacity is supplied to Haryana and Madhya Pradesh Discoms under long-term power purchase arrangements through Power Trading Corporation Ltd. It has 2.784 MMT of long-term fuel supply agreement with Coal India Limited's subsidiary South Eastern Coalfields Ltd (SECL). LAPL i

Adani Power shares fall 3% amid report of stake sale by Promoter group

Adani Power block deal news: Fall in stock price follows news that promoters of the company may offload a 5 per cent stake via a block deal,

Adani Power to acquire Reliance Power's Butibori plant in Rs 3,000 cr deal

The deal is expected to be valued between Rs 2,400 crore and Rs 3,000 crore; Adani Power is negotiating with CFM Asset Reconstruction Co to acquire the project under Vidarbha Industries Power Ltd

Adani Power will continue to supply power to Bangladesh from J'khand plant

Adani Power on Friday said it will continue to supply power to Bangladesh from its 1,600MW Jharkhand plant, set up to supply 100 per cent electricity generated from the facility to the neighbouring nation. Earlier this month, the power ministry amended power import/export guidelines to enable electricity supply from plants set up as an export-oriented unit to sell power within India. The amendment provides that the government may permit connection of such generating station to the Indian grid (inter-state or intra-state grid) to facilitate the sale of power within India 'in case of sustained non-scheduling of full or part capacity or default notice issued by the generator for any default, including delayed payment under the PPA (power purchase agreement)'. Adani Power's 1,600 MW Godda plant is probably the only plant in the country which has been set up with a commitment of 100 per cent electricity supply to Bangladesh. In a statement, Adani Power explained the amendment to India's

Adani Power says committed to supplying electricity to B'desh amid protests

Adani Power's 1,600 megawatt (MW) Godda plant in Jharkhand state is the only one in India under contract to export 100% of its power to a neighbouring country

Centre allows power exporters to sell their electricity back in India

Move in wake of Bangladesh unrest; Adani Power's Godda plant primary beneficiary

Hindenburg vs Sebi chief: How to trade Adani stocks now? Levels to track

As Hindenburg saga resurfaces, here's a technical check on Gautam Adani-led Group stocks for the likely trend ahead.

Adani Power emerges top bidder for stressed KSK Mahanadi proj at Rs 27K-cr

KSK Mahanadi is currently undergoing insolvency proceedings at the National Company Law Tribunal (NCLT). Coal India, NTPC, Vedanta, JSW Energy were among the other bidders

Adani Power Q1 results: Net profit down 55% due to higher expenses

Total income declined to Rs 15,474 cr in the April-June quarter of 2024-25 from Rs 18,109 cr in the same quarter of the last year