Adani Power has got a contract to supply 1500 mega watt (MW) of electricity in Uttar Pradesh. For this, the company will build a new ultra-supercritical power plant in UP. Electricity will be supplied from the plant at the rate of Rs 5.383 per unit. The plant will be developed under the Design, Build, Finance, Own and Operate (DBFOO) model. The demand for electricity in UP is expected to increase by 11,000 MW by 2033-34. Due to this, more contracts can be given to Adani. In September last year, a contract of 6,600 MW was received. This is the second big contract Adani Pawar has received in a year. Earlier in September 2024, the company had signed an agreement with the Maharashtra government to supply 6,600 MW of electricity. Adani Energy Solutions has also received an order of ? 2,800 crore On March 21, Adani Energy Solutions received a power transmission project worth ? 2,800 crore in Gujarat. The company said that it has received a power transmission project in Gujarat, which will supply green electrons for the manufacturing of green hydrogen and green ammonia in Mundra. This project will be delivered to the country in 36 months. The project also includes upgrading the Navinal (Mundra) electrical substation by adding two large 765/400kV transformers. Apart from this, a 75 km long 765kV double-circuit line will be built to connect this substation to Bhuj substation. Adani Power’s earnings increased, profit decreased
The total income of Adani Power Limited, a company of Adani Group, stood at Rs 14,536 crore in the fourth quarter. This is 4.7% more than last year. In this earning of the company, revenue from operations was Rs 14,237 crores. Whereas in the January to March quarter, the total expenditure of the company was Rs 11,274 crores and total tax was Rs 662 crores. Adani Power was started in 1996 Adani Power Limited (APL) was started on 22 August 1996. It is the largest private sector thermal power producer of the country. The company has a power generation capacity of 15,250 MW. Its thermal plants are in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh and Jharkhand. Whereas, there is a solar plant of 40 MW capacity in Gujarat. It is a company that builds coal-based supercritical thermal power projects registered under the Clean Development Mission (CDM) of the Kyoto Protocol.
