Adani Power Limited
Adani Power (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India. The co along with its subsidiaries sell power generated from these projects under a combination of long term Power Purchase Agreements, Short term PPA and on merchant basis.
What Adani files
- Others61
- Investor Meet52
- Important37
- Updates31
- Credit Ratings17
- PPTs16
Adani Power has announced a board meeting to approve the financial results for the quarter. The Board will also consider proposals for raising funds by issuing equity shares or other eligible securities via various modes.
Adani Power announced a book closure period for its 30th Annual General Meeting. This period will ascertain shareholders eligible for the AGM and remote e-voting entitlement.
Adani Power has expressed interest in acquiring specific power assets and investments from Jaiprakash Associates Limited (JAL). This strategic expansion aligns with the approved resolution plan led by Adani Enterprises, subject to necessary approvals. Aims to boost Adani Power's asset base.
Adani Power's subsidiary secured a 5-year, 558 MW power supply contract with TNPDCL at Rs 5.910/unit. This increases Adani Power's PPA-backed capacity to over 95%, providing robust revenue visibility and mitigating market volatility.
Adani Power completed its 1:5 stock split, converting each ₹10 face value share into five ₹2 face value shares. The new shares have been credited under a new ISIN. Total paid-up share capital value remains unchanged at ₹3,856.94 Cr.