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Adani Power Ltd (ADAN.NS)

ADAN.NS on National Stock Exchange of India

19 Mar 2018
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Rs-1.20 (-4.40%)
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Latest Key Developments (Source: Significant Developments)

Adani Power Says Emerging Market Investment DMCC Raises Stake In Co
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Adani Power Ltd ::SAYS EMERGING MARKET INVESTMENT DMCC RAISES STAKE IN CO BY 2.08 PERCENT TO 72.16 PERCENT FROM OCT 31, 2017 TO JAN 5, 2018.  Full Article

Adani Power June-qtr consol loss narrows
Tuesday, 9 Aug 2016 

Adani Power Ltd : June-quarter consol net loss 335.1 million rupees . Says June-quarter consol net sales 55.77 billion rupees . Consensus forecast for June-quarter net loss was 2.44 billion rupees . Consol net loss in June quarter last year was 1.72 billion rupees as per Ind-AS; consol net sales was 59.36 billion rupees . Co sold 13.96 billion units in Q1FY17 versus 15.86 billion units in Q1FY16 due to shutdown at Tiroda plant on account of non-availability of water . Improved domestic coal availability; recently announced special forward e-auction scheme for power sector will further improve financial performance of co .  Full Article

Adani Power Ltd - Hot water splash leaves 21 injured at Adani Power plant in Mundra - The Indian Express
Wednesday, 20 Apr 2016 

Adani Power Ltd:TWENTY ONE workers suffered burn injuries on Wednesday as hot water “splashed” on them while restarting a unit of Adani Power’s thermal plant at Mundra in Kutch district. - The Indian Express.Police said the incident took place at around 11.15 am when one of the nine units of the ultra-mega power plant was being restarted after a two-day shutdown. The incident took plat at Unit VI of the plant.“Today, during start-up, after two day’s shut down, in one of the nine units of Mundra Power plant, hot water splashed from the vent of a flash tank. During the start up some steam is normally allowed to vent.During this process 21 workmen working in the said unit have been affected by the splashing of hot water, the unit has been shut down (sic),” Adani Power said in an official release.  Full Article


India's Adani looking for foreign coal mines despite challenges in Australia

BAMBOLIM, India Indian resources conglomerate Adani Enterprises Ltd is looking to buy mines in countries such as Indonesia, a company executive told Reuters on Wednesday, despite its struggles to develop a controversial coal project in Australia.