Adani Power (ADANIPOWER) Stock Overview

Adani Power Limited engages in the generation, transmission, and sale of electricity under long term power purchase agreements (PPA), medium and short term PPA, and on merchant basis in India. The company generates electricity through thermal energy sources through various power projects with a combined installed and commissioned capacity of 13,650 MW. It operates various coal based power plants comprising 4,620 MW at Mundra, Gujarat; 3,300 MW at Tiroda, Maharashtra; 1,320 MW at Kawai, Rajasthan; 1,200 MW at Udupi, Karnataka; 1,370 MW at Raipur, Chhattisgarh; 600 MW at Raigarh, Chhattisgarh; and 1,200 MW at Singrauli, Madhya Pradesh. The company also operates a solar based power plant with a capacity of 40 MW located at Bitta, Gujarat; and engages in coal trading business. Adani Power Limited was founded in 1988 and is headquartered in Ahmedabad, India.