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Adani Power Ltd (ADAN.NS)

ADAN.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

CERC Approves Higher Tariff For Adani Power's Mundra Unit - CNBC-TV18
Friday, 12 Apr 2019 

April 12 (Reuters) - Adani Power Ltd ::CERC (CENTRAL ELECTRICITY REGULATORY COMMISSION) APPROVES HIGHER TARRIFF FOR ADANI POWER'S MUNDRA UNIT - CNBC-TV18.  Full Article

India's Adani Power Sept-Qtr Consol Profit Rises
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Adani Power Ltd ::SEPT QUARTER CONSOL PROFIT 3.87 BILLION RUPEES VERSUS PROFIT OF 3.17 BILLION RUPEES LAST YEAR.SEPT QUARTER CONSOL REVENUE FROM OPERATIONS 71.82 BILLION RUPEES VERSUS 61.59 BILLION RUPEES LAST YEAR.  Full Article

India's Adani Power June-Qtr Loss Widens
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Adani Power Ltd ::JUNE QUARTER CONSOL LOSS 8.26 BILLION RUPEES VERSUS LOSS OF 4.53 BILLION RUPEES YEAR AGO.JUNE QUARTER CONSOL REVENUE FROM OPERATIONS 38.30 BILLION RUPEES VERSUS 55.43 BILLION RUPEES YEAR AGO.  Full Article

India's Adani Power Dec-Qtr Consol Loss Widens
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Adani Power Ltd ::DEC QUARTER CONSOL LOSS 12.91 BILLION RUPEES VERSUS LOSS OF 6.68 BILLION RUPEES LAST YEAR.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 48.45 BILLION RUPEES VERSUS 54.32 BILLION RUPEES LAST YEAR.SAYS APPROVED APPOINTMENT OF RAJAT KUMAR SINGH AS CFO IN PLACE OF VINOD BHANDAWAT.APPROVED SETTING UP OF 1600 MW ULTRA SUPERCRITICAL THERMAL POWER PROJECT IN JHARKHAND.  Full Article

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

India's Adani Power June-qtr consol loss widens
Thursday, 10 Aug 2017 

Aug 10 (Reuters) - Adani Power Ltd ::June quarter consol net loss after tax 4.54 billion rupees versus loss of 2.33 billion rupees last year.June quarter consol total income 56.48 billion rupees versus 54.18 billion rupees last year.Hope to receive linkages for PPAs of tiroda, kawai plants.Continue to engage various stakeholders for Mundra plant; remain committed to identifying remedial measures for long term sustainibility.  Full Article

Adani Power says approached lenders for NOC for approval of demerger of Mundra power plant to unit
Tuesday, 11 Jul 2017 

July 11 (Reuters) - Adani Power Ltd :Board approved demerger of Mundra Power 4620 MW undertaking to a subsidiary of the Adani Power with associated assets and liabilities.Says have approached lenders and once an approval is granted, co will take the process forward as required.Says Board of Approval of Special Economic Zones has deferred decision regarding the demerger with a query.NOC from the banks would be taken through a meeting conveyed as per the directions of National Company Law Tribunal.  Full Article

RPT-UPDATE 1-India proposes more than $12 bln of pollution-reducing incentives

NEW DELHI, Feb 15 India has proposed incentives worth 885 billion rupees ($12.4 billion) to encourage power plants to install equipment to curb emissions and to develop infrastructure for electric vehicles (EVs), a government statement said on Friday.