Adani Power Secures Letter Of Intent For Vidarbha Industries Power Acquisition
Adani Power Limited (APL) announced that it has secured a Letter of Intent (LOI) for the acquisition of Vidarbha Industries Power Limited.
Adani Group Reports Record Rs 86,789 Crore TTM EBITDA; Driven By Infrastructure Business
The Adani Portfolio has achieved its highest-ever TTM Rs 86,789 crore TTM EBITDA, driven by its infrastructure business.
Adani Power Reports Q3 FY25 Results And Strong Progress Toward Growth Targets
Adani Power Limited made significant strides toward achieving its target of 30+ GW of generation capacity by 2030, with rapid advancements.
Bombay High Court Dismisses Petition Challenging Adani Power Contract, Imposes Rs 50,000 Fine
The Bombay High Court on Monday dismissed a petition challenging a power supply contract awarded by the Maharashtra government to Adani Group, terming the plea "unsubstantiated and reckless."
Adani Power Achieves Top 80 Percentile In S&P’s Global Corporate Sustainability Assessment
Adani Power Ltd, a key player in the Adani Group, has achieved an impressive score of 67 (out of 100) in CSA by S&P Global for FY 2023-24.
Adani Group Sees Significant Growth With 25.5% EBITDA Rise In H1 FY25
The Adani Group has reported strong growth for H1 FY25, posting a 25.5% increase in EBITDA, adjusted for one-time prior period incomes.
Adani Power Records 20% Growth In Continuing Revenue, Reaches Rs 28,517 Crore In H1 FY25
Power demand remained steady in Q2 FY25 compared to Q2 FY24, influenced by prolonged rains. However, cumulative demand for FY25 until September 30, 2024, grew by 5% over H1 FY24, ensuring higher offtake from thermal power to support peak demand
Adani Group’s Market Cap Rebounds To Pre-Hindenburg Levels, Surging Past Rs 18.5 Lakh Crore
The Adani Group has surged in market capitalization, reclaiming its pre-Hindenburg levels after two major rallies in the Indian indices.
Adani Power’s Q4: Net Profit Dips 48% YoY to ₹2,737 Crore, Revenue Surges 30%
The operating performance for Q4 FY 2023-24 includes the 1600 MW Godda Ultra-supercritical Thermal Power Plant (“USCTPP”) of APL’s subsidiary Adani Power (Jharkhand) Limited (APJL), which was commissioned in Q1 FY 2023-24.
US Investment Firm GQG Partners Acquires 8.1% Stake Worth Over Rs 9,000 Crore in Adani Power
GQG Partners, a US-based boutique investment firm, along with other investors, has purchased an 8.1% stake in Adani Power Ltd for a substantial sum of over Rs 9,000 crore (USD 1.1 billion).
