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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

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 […]

Business

Adani Power announces Q1 FY23 consolidated results

August 3, 2022 Vinayak Barot

Consolidated total revenue for Q1 FY23 at Rs. 15,509 Crore vs Rs. 7,213 Crore in Q1 FY22, an increase of 115%. Consolidated EBITDA for Q1 FY23 at Rs. 7,506 Crore vs Rs. 2,292 Crore in Q1 FY22, a rise of 227%, which includes prior period revenue recognition of Rs. 4,212 Crore vs Rs. 657 Crore […]

Business

Adani Power, IHI & Kowa collaborate for environmentally sustainable power generation

March 22, 2022 Vinayak Barot

Ahmedabad; Adani Power Limited (APL), IHI Corporation, and Kowa Company, Ltd. (Kowa), have signed a Memorandum of Understanding (MoU) to study the feasibility on a modification to achieve 20% liquid ammonia co-firing ratio and thereafter extend this to a ratio up to 100% mono-firing at the Adani Power Mundra Coal Fired Power Plant. APL aims […]

Business

Adani Power Q1 FY22 results

August 6, 2021 sanket

Q1 FY22 Revenues 35% higher y-o-y at Rs. 7,213 Crore Q1 FY22 EBITDA 49% higher y-o-y at Rs. 2,292 Crore Q1 FY22 PAT registered at Rs. 278 Crore as compared to loss of Rs. (-) 682 Crore in Q1 FY21 Strong recovery in India’s electricity demand in Q1 FY22 at 341 Billion Units [‘BU’], a […]