Adani Power Ltd is the power business subsidiary of Indian conglomerate Adani Group. The head office of this company at Ahmedabad, Gujarat. The company is India’s largest private power producer in with a capacity of 10,440 MW. Adani Power Ltd is the largest solar power producer of India with a capacity of 688 MW. The article is about Adani power ltd share price.
About the company
Adani Group’s first power plant at Mundra, which was formed to cater to the Mundra port and SEZ business in 2006. Adani ports were already the largest importer of coal which is supplying over 50% of the country’s imported coal needs and at Mundra. Capitalizing on this foundation which rapidly scaled up their operations despite no prior experience in power generation. Adani Power Ltd has plants at Tiroda in Maharashtra, Kawai in Rajasthan and Udupi in Karnataka. Adani Power Ltd is the largest private power producer in India with an installed capacity of 10,480 MW. This is now moving towards their ambitious target of 20,000 MW by 2020 with the help of Operations and Maintenance and an expert team of Engineering, Procurement and Construction. The transmission team of Adani Power was set up to help support the state and central utilities in evacuating power from this plants to benefit the end user. In this company the team ended up creating over 5000 circuit Kilometres of the transmission system in less than 3 years – yet another unmatched feat – and went on to become a publicly listed business shortly afterward. The sheer dynamism of the Adani Group has helped Adani Power which is growing tremendously its inception as well as incubate successful new businesses.
Adani Power Ltd Share Price Graph
Adani Power Ltd Share Price is listed on the BSE with a BSE Code of 533096 and the NSE with an NSE Code of ADANIPOWER.
The company management includes Mukesh Shah is the Addnl. Non-Exe. Independent Director of this company, Gautam S Adani is the Chairman, Rajesh S Adani is the Managing Director of this company, Vineet S Jaain is the Whole Time Director of this company, Raminder Singh Gujral is the Director of this company and Gauri Trivedi is an Ind. Non-Executive Director of this company.
The Registered office of Adani Power Ltd is at “Shikhar”, Near Adani House, Mithakhali Six Roads, Ahmedabad, Gujarat – 380009.
Their Registrars are Karvy Computer share Private Ltd.
Company financials :
As per quarterly result of September 2018, ADANI POWER has posted a net profit of Rs 4 bn which are up to 32.2% YoY. Sales, on the other hand, came in at Rs 72 bn with up to 15.7% YoY. As same as per the quarterly result of June 2018, ADANI POWER has posted a net profit of Rs 8 bn which are up to 81.8% YoY with sales on another side came in at Rs 38 bn (down 31.5% YoY).
The Board of Directors of the company :
- Gautam S Adani is the Chairman of this company.
- Rajesh S Adani is the Managing Director of this company.
- Deepak Pandya is the Secretary of this company.
- Gauri Trivedi is the Non-Executive and Independent Director of this company.
- Raminder Singh Gujral Mukesh Shah is an Independent Non-Executive Director of this company.
- Vineet S Jaain is the Whole Time Director of this company.
News of the company :
Adani Power Ltd recently informs about investors conference. This company reports and spurts on a 22% rise in Q2 consolidated net profit. Adani Power Ltd newly announced under Regulation 30 (LODR)-Change in Directorate. This company informs about compliance certificate. Adani Power Ltd reply to clarification sought by the exchange and Clarification sought from Adani Power Ltd. The article Adani Power Ltd Share Price contains details like Adani Power Ltd Share Price, graph etc.
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