Adani Power

Amid Bangladesh turmoil, Adani eyes Indian power grid to link Godda plant

Adani Power's Jharkhand plant, which sells its entire output to Bangladesh, is exploring selling power in India. This comes amid reports that Bangladesh may review its pact with the company

Jigar S Patel of Anand Rathi suggests buying these stocks on September 23

Recently, Adani Power broke through a key bearish trendline on the daily chart, suggesting a potential reversal in momentum from its previous downtrend.

Adani Power, Adani Green rise upto 8% on power supply deal with Maha Discom

The uptick in the share prices of these companies came on the back of securing a letter of intent (LoI) form Maharashtra state DISCOM for supply of 6,600 MW hybrid solar and thermal power.

Adani firms to sign 6.6 Gw power supply pact with Maharashtra discom

Adani Green Energy and Adani Power won a bid to supply 6,600 MW of power to Maharashtra

Majority of Adani group stocks settle lower, Adani Power down nearly 3%

As many as seven Adani group stocks ended lower on Friday as the Swiss authorities froze USD 311 million (Rs 2,610 crore) held by a Taiwanese resident in multiple Swiss bank accounts as part of a money laundering probe, suspecting he may be a frontman from the group -- a charge the conglomerate vehemently denied. Shares of Adani Power dropped 2.73 per cent, Adani Energy Solutions declined 2.42 per cent, Adani Ports slipped 1.37 per cent, Adani Green Energy went lower by 1.17 per cent, Adani Enterprises dipped 0.76 per cent, Adani Total Gas (0.55 per cent) and Adani Wilmar (0.37 per cent) on the BSE. However, three group firms managed to settle in the green. The stock of ACC jumped 1.94 per cent, NDTV climbed 1.01 per cent and Ambuja Cements (0.01 per cent). During the day, shares of Adani Power tumbled 3.20 per cent, Adani Energy dived 2.75 per cent, Adani Green declined 1.53 per cent, Adani Ports went down by 1.51 per cent, Adani Enterprises fell 1.18 per cent, Adani Wilmar (1.07 p

Coastal Energen insolvency: SC allows Dickey-Adani to operate plant for now

The NCLAT, in its September 6 order, had halted the Rs 3,335 crore resolution plan put forth by the consortium, which is the successful bidder for the bankrupt firm

$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