|Type||Public company (BSE: 533096, NSE: 533096)|
|Founded||22 August 1996|
|Key people||Gautam Adani, (Chairman)|
|Products||Electricity generation, transmission and distribution; energy trading|
|Revenue||67.79 billion (US$1.0 billion)(2012)|
|Net income||-19.52 billion (US$−300 million)(2012)|
Adani Power Limited is the power business arm of Indian business conglomerate Adani Group with head office at Ahmedabad, Gujarat. The company is India's largest thermal private power producer with capacity of 5280 MW and also it is the largest solar power producer of India with capacity 40MW. Adani Power Limited is ranked #334 in top companies in India in Fortune India 500 list of 2011.
The company currently operates five supercritical boilers of 660MW each (as per March 2012) at Mundra Gujrat & One 660MW out of 05 units at Tirora, Maharashtra. It also operates a mega solar plant of 40MW at Surendra nagar, Gujrat. It is India's first company to achieve the supercritical technology. The plant is the only thermal power plant in india to be certified by UN under CDM.
The company is currently implementing 16500 MW at different stages of construction. Its mission is to achieve 20000 MW by 2020. The company currently produces electricity using only coal. 100MW of solar power station is also under advanced stage of implementation at Surendranagar in Gujarat out of which 40MW is already commissioned. The company has gone to long term PPAs of about 7200MW of its 9280MW with government of Gujarat, Maharashtra, Haryana and Rajasthan.
The company was changed to Adani Power Private Limited. The RoC issued a fresh certificate of incorporation on 3 June 2002. The Company was, thereafter, converted into a public limited company on 12 April 2007 and the name of the Company was changed to Adani Power Limited. Further, upon ceasing to be a private limited company, the word private was deleted through a special resolution at the EGM of the Company held on 28 March 2007. The fresh certificate of incorporation consequent to change of the name was granted by the RoC to the Company on 12 April 2007.
Adani power was started as a power trading company 1996. It started generation in July 2009 by implementation of its first 330MW of 4620mw at Mundra. The Mundra super mega project is the largest coal based power project of India and fifth largest in the world. The company commissioned another three 330 MW by November 2010 and country's 1st supercritical unit of 660 MW on 22 December 2010, making its capacity 1980 MW. 0n 6 June 2011 it synchronised its second unit of 660 MW bringing the total generating capacity to 2640 MW and on 2 October 2011, it synchronised its third super critical unit with national grid .With this,Adani power has become largest thermal power generating company in the private sector and the Mundra plant has become India's Largest Power plant with capacity 3300MW. In February 2012, it commissioned the last unit of Mundra Project to take its capacity to 4620MW which makes the Mundra TPP to be the largest privately held Thermal power plant of World and fifth largest on an overall basis(As per March,2012).
The company currently operates 4620 MW coal based Mundra Thermal Power Station at Mundra, Gujarat. It operates first power transmission project of 400KV Double Circuit Transmission System from the Mundra plant to Dehgam (430 km). The company operates India's first supercritical unit of 660MW. It also implemented country's only private 1000 km HVDC transmission line for efficient transmission of power to Haryana. The company produces 40MW of solar power in Gujrat showing its interest in renewable energy.
The company is currently implementing thermal projects of 3300MW (5X660MW) at Tiroda, Maharastra at Tirora one unit of 660 MW have been generating Power since Mid of 2012 & another is going to commissioned in the end of 2012 and 1320MW (2X660MW) at Kawai, Rajsthan, and a 100 MW solar project at Surendranagar,Gujrat(40MW commissioned).
As of January 2011[update], the company has 16500MW under implementation and planning stage. A few of them are 3300MW coal based TPP at Bhadreswar in Gujarat, 2640 MW TPP at Dahej in Gujarat, 1320 MW TPP at Chhindwara in Madhya Pradesh, 2000 MW TPP at Anugul in Orissa and 2000MW gas based power project at Mundra in Gujarat. The company is also bidding for 1000 MW of lignite coal based power plant at Kosovo showing its international projects.
- 5 Gujarat PSUs in Fortune India 500 list
- "Adani Group commissions largest solar power project".
- "Adani power synchronizes country's 1st super critical unit". economictimes.com. 23 December 2010.
- "Solar power".
- "Projects of Adani power ltd.".
- "Projects of Adani power ltd.".
- "Adani power in the race of kosovo project". economictimes.com. 8 March 2010.