Bharat Express

Adani Power

Adani Power Limited (APL) announced that it has secured a Letter of Intent (LOI) for the acquisition of Vidarbha Industries Power Limited.

The Adani Portfolio has achieved its highest-ever TTM Rs 86,789 crore TTM EBITDA, driven by its infrastructure business.

Adani Power Limited made significant strides toward achieving its target of 30+ GW of generation capacity by 2030, with rapid advancements.

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 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.

The Adani Group has reported strong growth for H1 FY25, posting a 25.5% increase in EBITDA, adjusted for one-time prior period incomes.

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

The Adani Group has surged in market capitalization, reclaiming its pre-Hindenburg levels after two major rallies in the Indian indices.

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.

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).