Adani Power Ltd

Adani Power Ltd Share Price

Adani Power Limited is the largest private thermal power generator in India. It's part of the Adani Group. The corporation sells power from facilities in Gujarat, Maharashtra, Rajasthan, Karnataka, Chhattisgarh, and Madhya Pradesh. It was founded on August 22, 1996. It launched an IPO in July 2009 and was listed on the stock exchange on August 20, 2009. Adani Power share price history in India is characterised by oscillations caused by a variety of factors, including changes in the global energy environment, regulatory measures, and market demand.

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Adani Power Ltd Business Verticals

1. Adani Power: Approximately 98% of the company's revenue comes from the power supply business, with the remainder from trading items. It primarily runs through Mundra Thermal Power Station, Kawai Thermal Power Station, and Tiroda Thermal Power Station.
2. Mahan Energen Limited (previously Essar Power MP Limited): Adani Power completed the acquisition of Essar Power M.P. Ltd. via the NCLT procedure under the IBC in FY 2021-22. The firm was renamed Mahan Energen Ltd following the acquisition.
3. Adani Power (Jharkhand) Limited (APJL): This company began its commercial operations in April 2023. APJL's Godda Power Plant has a total installed capacity of 1,600 MW coal-powered thermal power plant using ultra-supercritical technology.

The Board authorised the merger of its six fully owned subsidiaries in FY 2022. APL submitted the application to the National Company Law Tribunal (NCLT) in FY 2022 and is now awaiting approval. 

Adani Power Ltd Subsidiaries of APL

The subsidiaries of APL are as follows. 

• Adani Power Maharashtra Limited.
• Adani Power Rajasthan Limited.
• Udupi Power Corporation Limited.
• Raipur Energen Limited.
• Raigarh Energy Generation Limited.
• Adani Power (Mundra) Limited.

Adani Power Ltd Management

In 2021, APL appointed Mr. Anil Sardana as Managing Director. Mr. Sardana is an electrical engineering graduate from the University of Delhi. He has extensive experience in the infrastructure industry, including Power Plants, EPC companies, Coal Washeries, Power Transmission, Retail Power Distribution, and Telecom. Before joining the Adani Group in 2018, he held prominent roles with NTPC (14 years), BSES, and Tata Group (16 years).

Adani Power Ltd Corporate Actions

During fiscal year 2022, Adani Power Limited purchased Essar Power M.P. Ltd (EPMP), a company in the process of insolvency. EPMPL owns a 1,200 MW thermal power station in Singrauli District, Madhya Pradesh.

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Adani Power Ltd Future Outlook

• Adani Power plans to develop new thermal power production projects with the goal of reaching a total capacity of 16.85 GW by June 2027.
• The firm is constructing a 2×800 MW Ultra Supercritical power station in Madhya Pradesh under a 25-year Power Supply Agreement (PSA) with the Madhya Pradesh Power Management Company Ltd. 
• The firm gains a substantial competitive advantage. It can handle the sourcing and logistics of 12 MTPA and 54 MPTA fly ash, which is a complicated, multi-point process. It requires coordination of the whole movement of up to 13,000 railway rakes every year.
• The firm has several opportunities to expand its business. Selling electricity to Commercial and Industrial (C&I) clients is one of them. Increased industrial rates paid by major industrial users that rely on State DISCOMs are affecting their profitability and competitiveness.