Adani Power Ltd. News

NSE: Adani Power Industry : Power Generation/Distribution

Adani Power gets NCLTas nod to acquire Essar Power's 1,200 MW thermal power project

Earlier in June this year, Adani Power had emerged as the successful bidder for the Essar Power's 1,200 MW project

03 Nov 2021, 12:28 PM

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Adani Power reports consolidated net loss of Rs 230.60 crore in Q2

Total income of the company decreased by 36.63% at Rs 5,571.76 crore for Q2FY22

29 Oct 2021, 15:58 PM

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Adani Poweras arm declared as successful bidder

The company has been declared as successful bidder for commercial mining of Gondkhari coal block in Maharashtra

08 Sep 2021, 16:19 PM

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Adani Power reports consolidated net profit of Rs 278 crore in Q1

Total income of the company increased by 34.67% at Rs 7213.21 crore for Q1FY22

06 Aug 2021, 11:58 AM

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Adani Power emerges as successful bidder for Essar Power's thermal power project in MP

The deal size of the project is estimated at around Rs 2,800-Rs 3,000 crore

19 Jun 2021, 10:20 AM

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Adani Power reports consolidated net profit of Rs 13 crore in Q4

The company has reported a standalone net loss of Rs 351.03 crore for the quarter ended March 31, 2021

07 May 2021, 10:33 AM

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Adani Poweras consolidated net loss narrows to Rs 288 crore in Q3

Total income of the company increased by 6.20% at Rs 7099.20 crore for Q3FY21

04 Feb 2021, 15:38 PM

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Adani Power reports consolidated net profit of Rs 2228 crore in Q2

Total consolidated income of the company increased by 29.10% at Rs 8792.28 crore for Q2FY21

06 Nov 2020, 12:07 PM

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Adani Power reports consolidated net loss of Rs 682 crore in Q1

Total consolidated income of the company decreased by 33.17% at Rs 5,356.19 crore for Q1FY21

07 Aug 2020, 11:02 AM

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CCI approves Adani Power's 49% stake buy in OPGC

In June, Adani Power announced acquiring US-based The AES Corporation's 49 percent stake in OPGC for $135 million

31 Jul 2020, 09:35 AM

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Adani Power gets shareholders' approval for Rs 3,264 crore delisting proposal

Last month, Adani Power had issued a notice for voluntary delisting of equity shares of the company from BSE and National Stock Exchange of India

25 Jul 2020, 11:47 AM

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Adani Power seeks shareholders nod for delisting proposal

Adani Power issued a notice for voluntary delisting of equity shares of the company from BSE and National Stock Exchange of India

24 Jun 2020, 12:35 PM

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Adani Power signs pact to acquire 49% stake in OPGC

The Government of Odisha holds the balance 51 percent stake in OPGC

24 Jun 2020, 09:22 AM

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Adani Power's board approves delisting from BSE, NSE

The meeting of the board of directors of the company held on June 22, 2020 approved the same

22 Jun 2020, 14:49 PM

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Adani Power's board to consider delisting of entire equity shares from BSE, NSE

The meeting of the board of directors of the company to be held on June 03, 2020 to consider the same

01 Jun 2020, 11:06 AM

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Adani Power's arm signs PPA with MPPMCL to set up 1,320 MW plant

The said arrangement has been duly approved by the MP Electricity Regulatory Commission

28 May 2020, 09:41 AM

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Today's price summary

Stock DNA

1 Years Returns

STOCK

17.15

SECTOR

3.8

SENSEX

-76.53

Industry

Power

MARKET CAP

Rs 45,705 Cr

PE (TTM)

-197.85

DIVIDEND YIELD

0.00%

Moving average Buy Sell
Technical Indicator Buy Sell
Moving average Buy Sell
Technical Indicator Buy Sell
Moving average Buy Sell
Technical Indicator Buy Sell

Adani Power is the largest private thermal power producer in India. It is a part of the diversified Adani Group and has been producing energy since 1996. In 2009, the company was listed on the stock exchange and became publicly traded. 

 Adani Power is a large-cap company with a market capitalization of Rs 42,484.18 Crore.

The company has an integrated production capacity of 12,450 MW in its thermal power plants in Maharashtra, Gujarat, Karnataka, Rajasthan, and Chhattisgarh and a 40MW solar system power unit in Gujarat. 

Company background and history 

Adani Power is engaged in coal-based electric power generation, supply, and distribution. They have a primary thermal power-producing unit in Mundra in Gujarat and several other states. It is a part of the Adani conglomerate, which is involved in the diversified business. Adani Power Maharashtra Limited, Adani Power Rajasthan Limited, Udupi Power Corporation Limited and Adani Power Resources Limited are its subsidiaries.  

Adani Power was incorporated by Gautam and Rajesh Adani along with their relatives. In 2002, the name of Adani Power was changed to Adani Power Pvt. Ltd., following a restructuring of shareholding patterns. In 2006, the company's entire shareholding was transferred from Mundra Port and Special Economic Zone Ltd (MPSEZL) to Adani Enterprises Ltd. In 2009, it became a listed company by debuting in Bombay (BSE) and National Stock Exchange. They commissioned two power units in 2014 in Rajasthan and one in Maharashtra to emerge as the largest power producer in India with a total installed capacity of 8620 MW. 

Company financials and performance 

  • Adani Power is involved in the core industry of power generation, impacted by the current pandemic. It reported a 9% decline in revenue in the half-yearly reports published on September 30, 2021. 
  • Net income decreased by 97% during the same period to Rs 476.2 million. 
  • The decrease in revenue reflects decreased demand due to unfavourable market conditions.
  •  The company's other income decreased 14% to Rs 10.32 billion, whereas other expenses increased by 4% To rs 6.02 billion.  

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