Adani Power Ltd

(ADANIPOWER)

Adani Power Secures Major Power Supply Bid - 17 Sep, 2024

Adani Power's stock surged nearly 8% after winning a bid to supply 6,600 MW of power to Maharashtra. Analysts recommend buying with a target of Rs 755, highlighting strong technical indicators and fundamentals.

Adani Power Secures Major Power Supply Agreement - 16 Sep, 2024

Adani Power Ltd will enter a long-term Power Supply Agreement with MSEDCL to supply 1,496 MW of thermal power from a new ultra-supercritical project, boosting investor confidence and driving share prices up significantly.

Adani Group Wins Major Power Supply Contract - 15 Sep, 2024

Adani Power has won a 25-year contract to supply 6,600 MW of bundled renewable and thermal power to Maharashtra, with a competitive tariff of Rs 4.08/unit. The deal includes significant solar and thermal power components, marking a major achievement for the Adani Group.

Adani Power Stock Rises Amid Legal and Agreement Developments - 13 Sep, 2024

Adani Power's stock increased by 3.57% following the Supreme Court's decision to restore custody of Coastal Energen and ongoing discussions with Bangladesh over overdue payments.

Supreme Court Supports Adani Power's Coastal Energen Operations - 12 Sep, 2024

The Supreme Court permitted the Dicky Trust-Adani Power consortium to operate Coastal Energen's power plant while awaiting NCLAT's final decision on the resolution plan.

Adani Power Challenges NCLAT Directive on Coastal Energen - 11 Sep, 2024

The Dickey Alternative Investment Trust and Adani Power consortium have approached the Supreme Court to contest the NCLAT's directive to maintain the status quo in Coastal Energen's Corporate Insolvency Resolution Process, despite having implemented their resolution plan.

Adani Group Raises Concerns Over Unpaid Power Dues - 10 Sep, 2024

Gautam Adani has urged Bangladesh's interim government to settle $800 million in unpaid dues owed to Adani Power, highlighting financial strain and the need for regular payments. The total power liabilities of Bangladesh now reach $3.7 billion, with a significant portion owed to Adani, raising concerns about the sustainability of their operations.

Adani Power Raises Concerns Over Bangladesh Debt - 09 Sep, 2024

Adani Power has expressed serious concerns regarding $500 million in unpaid dues from Bangladesh, labeling the situation as unsustainable. Despite financial strains, the company remains committed to supplying power to Bangladesh.

Adani Power Faces Legal and Financial Challenges - 08 Sep, 2024

Adani Power's consortium bid for Coastal Energen has been stayed by NCLAT due to alleged irregularities. Additionally, the company faces financial stress from $800 million dues from Bangladesh while maintaining power supply.

Adani Power Faces Dues, Maintains Bangladesh Supply Commitment - 06 Sep, 2024

Adani Power reassures Bangladesh of uninterrupted power supply despite $800 million in dues. The stock sees a slight decline, while NCLAT maintains status quo on Coastal Energen's insolvency process amid ongoing appeals against Adani's acquisition.

Adani Power Expands Kawai Plant Capacity Significantly - 04 Sep, 2024

Adani Power is set to invest Rs 18,000 crore to expand its Kawai power plant capacity from 1,320 MW to 4,520 MW. The expansion will occur in two phases, enhancing the company's thermal power capacity as it seeks further acquisitions and projects.

Supreme Court Reviews Adani Power Refund Plea - 03 Sep, 2024

The Supreme Court has requested a response from Himachal Pradesh regarding Adani Power's plea for a ₹280 crore refund linked to the Jangi Thopan Power Project, following a High Court ruling against the company.

Adani Power's Acquisition and Legal Developments Boost Stock - 02 Sep, 2024

Adani Power's stock surged 8.38% following the completion of the Coastal Energen acquisition. The Supreme Court is reviewing its ₹280 crore refund claim from Himachal Pradesh.

Adani Power Seeks Supreme Court Refund - 01 Sep, 2024

Adani Power Ltd has approached the Supreme Court for a ₹280 crore refund from the Himachal Pradesh government related to the Jangi Thopan Power Project. The company is contesting a recent High Court ruling that denied the refund.

Adani Power Completes Acquisition of Coastal Energen - 31 Aug, 2024

Adani Power announced the completion of its acquisition of Coastal Energen Private Limited, which includes a 1,200 MW operational thermal power plant in Tamil Nadu.

Adani Power Defends Pricing Amidst Bangladesh Reports - 29 Aug, 2024

Adani Power refuted claims of supplying costly electricity to Bangladesh, asserting it provides the cheapest rates among imported coal-based plants. The company highlighted its competitive pricing and ongoing power supply despite pending dues, emphasizing the need for upfront payments to maintain operations.

Adani Power Faces Dues Issues Amid New Subsidiary - 28 Aug, 2024

Adani Power has launched a new subsidiary in Abu Dhabi while grappling with over $800 million in dues from Bangladesh, threatening electricity supply stability.

Adani Power Expands Operations Amid Financial Challenges - 27 Aug, 2024

Adani Power is expanding its operations with a new subsidiary in Abu Dhabi and a significant contract for thermal power projects, despite facing financial challenges and outstanding payments from Bangladesh.

Adani Power Expands Portfolio with Major Acquisitions - 26 Aug, 2024

Adani Power is actively acquiring significant electricity generation projects, including KSK Mahanadi for Rs 27,000 crore and Lanco Amarkantak for Rs 4,100 crore, enhancing its market presence.

Adani Power Secures Approval for Major Acquisition - 25 Aug, 2024

Adani Power Ltd. has received approval from the National Company Law Tribunal to acquire insolvent Lanco Amarkantak Power Ltd. for Rs 4,101.1 crore, with a completion deadline of October 20, 2024.