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  2. 6 days ago · India's government plans a $33 billion equipment order to accelerate coal-fired power capacity additions amid soaring electricity demand. Major firms like NTPC and Adani Power are expected to lead tendering, aiming to add 31 GW in 5-6 years.

  3. May 1, 2024 · Indian thermal power producer Adani Power's fourth-quarter profit jumped on Wednesday, helped by an increase in its electricity generating capacity and rising power demand in the country.

  4. Adani Power is a key component of our long-term strategy, supplying reliable base load power across a vast part of the country, executing benchmark-setting projects, creating assets of national importance, and acting as the balancing supply to enable greater integration of renewables in the grid.

  5. Aug 16, 2023 · Adani Power Ltd. shares rose after GQG Partners bought 8.1% of the firm’s total outstanding stock for about $1.1 billion through block deals, according to people familiar with the matter.

  6. Jan 25, 2024 · Adani Power on Thursday reported a multifold jump in its consolidated net profit at Rs 2,738 crore for the quarter ended December. The same stood at just Rs 9 crore in the same period last year.

  7. Nov 2, 2023 · Consolidated power sale volume at 35.6 BU in H1 FY24, up by 30% from 27.3 BU in H1 FY23 due to improved power demand and higher operating capacity. Consolidated continuing total revenues higher by 26% at Rs. 23,767 Crore in H1 FY24 vs Rs. 18,831 Crore in H1 FY23; due to greater sales volumes.

  8. Nov 2, 2023 · Indian thermal power producer Adani Power reported a near ten-fold surge in second-quarter profit on Thursday, as it benefited from soaring power demand and a tax gain.

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