Business

Adani Power announces Q3 FY24 results, Q3 FY24 continuing revenue grows 72% y-o-y to Rs. 13,405 Crore

January 25, 2024 Vinayak Barot

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Ahmedabad, January 25th, 2024: Adani Power Ltd. [“APL”], a part of Adani portfolio companies, today announced the financial results for the third quarter ended 31st December 2023. Commenting on the quarterly results, Mr. S B Khyalia, CEO, Adani Power Limited, said, “Adani Power continues to demonstrate its leadership across domains by achieving ever-higher standards of […]

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Business

Adani Power to co-fire Green Ammonia at its Mundra Plant for a sustainable future

November 29, 2023 Vinayak Barot

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Ahmedabad, 29 November 2023:  As the world leaders converge in the UAE for the UN Climate Change Conference (COP 28) from 30 November to 12 December 2023 to fast-track energy transition and slash emissions before 2030, Adani Power Ltd., India’s largest private sector power generator, has undertaken a ground-breaking green ammonia combustion pilot project at […]

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Business

Adani Power announces Q2 FY24 results, Q2 FY24 continuing revenue grows to Rs. 12,155 Crore

November 2, 2023 Vinayak Barot

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Ahmedabad, November 2nd, 2023: Adani Power Ltd. [“APL”], a part of Adani Group, today announced the financial results for the second quarter ended 30th September 2023. Operating performance During Q2 FY 2023-24, APL and its subsidiaries achieved an average Plant Load Factor (“PLF”) of 58.3% and power sales volume of 18.1 Billion Units (“BU”), as […]

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Business

GQG, other investors invest $1.1 bln for 8.1 pc stake in Adani Power

August 16, 2023 Vinayak Barot

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New Delhi, Aug 16, US-based boutique investment firm GQG Partners along with other investors on Wednesday bought an 8.1 per cent stake in Adani Power Ltd for over Rs 9,000 crore (USD 1.1 billion) as the marquee investor shrugged off damning report of a US short seller to invest in billionaire Gautam Adani’s group. GQG […]

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Business

Adani Power announces Q1 FY24 results, Revenue at Rs. 18,109 Crore, up 16.8% y-o-y

August 3, 2023 Vinayak Barot

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Ahmedabad, August 3rd, 2023: Adani Power Ltd. [“APL”], a part of Adani Group, today announced the financial results for the quarter ended 30th June 2023.  Operating Performance During the quarter ended 30th June 2023, APL achieved an average consolidated Plant Load Factor [“PLF”] of 60.1% and sales of 17.5 Billion Units [“BU”] on an installed […]

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Adani Power’s Godda plant becomes fully operational

June 27, 2023 Vinayak Barot

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Ahmedabad, 27 June 2023:  Adani Power Jharkhand Limited (APJL), a wholly owned subsidiary of Adani Power Limited, part of the diversified Adani Group has achieved Commercial Operations Date of its second unit of its 2 X 800 MW Godda Ultra-supercritical thermal power plant (“Godda USCTPP”) on 26th June, 2023, at Godda district in Jharkhand, India. […]

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Business

Adani Power announces Q4 FY23 results, Q4 FY23 Revenue at Rs. 10,795 Crore and EBITDA at Rs. 2,461 Crore

May 5, 2023 Vinayak Barot

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Ahmedabad, May 5th, 2023: Adani Power Ltd. [“APL”], a part of Adani Group, today announced the financial results for the fourth quarter and year ended 31st March 2023. Operating Performance During the financial year ended 31st March 2023, APL achieved an average consolidated Plant Load Factor [“PLF”] of 47.9% and sales of 53.39 BU, as […]

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CRISIL Ratings has reaffirmed its ‘CRISIL A/Stable’ rating to combined bank facilities of Adani Power Limited

April 3, 2023 Vinayak Barot

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Adani Power Limited Company Secretary Deepak Pandey said, Pursuant to Regulation 30 and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and further to our letter dated 17th September 2022, this is to inform that CRISIL Ratings has reaffirmed its ‘CRISIL A/Stable’ rating to combined bank facilities of Adani Power […]

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Business

Adani Power announces Q3 FY23 results, Q3 FY23 EBITDA at Rs. 1,996 crore

February 8, 2023 Vinayak Barot

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Ahmedabad, February 8th, 2023: Adani Power Ltd. [“APL”], a part of Adani Group, today announced the financial results for the third quarter and nine months ended 31st December 2022. Financial Performance Consolidated Total Income for Q3 FY 2022-23 stood 48% higher at Rs. 8,290 crore as compared to Rs. 5,594 crore in Q3 FY 2021-22, aided by higher […]

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Business

Adani Power announces Q2 FY23 results Q2 FY23 revenue grows to Rs. 8,446 crore, up 52% y-o-y

November 11, 2022 Vinayak Barot

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Ahmedabad, November 11th, 2022: Adani Power Ltd. [“APL”], a part of Adani Group, today announced the financial results for the second quarter ended 30th September 2022. Electricity Demand and Supply in India Electricity demand in India has continued to be strong as a result of improving economic performance in FY 2022-23, further spurred by a […]

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