Thursday, Sep 29, 2022

Adani Power


Ministry seeks funds for coal-fired power plants, but banks set to say no

June 10, 2022 8:05 am

This comes after the RBI, in a missive sent in mid-May, asked banks to exercise caution in lending to such power plants and also asked banks to furnish details on exposure to these 13 projects listed by the power ministry.

SC notes settlement, closes curative plea of GUVNL against Adani Power for termination of PPA

February 08, 2022 12:22 pm

A five-judge Constitution bench headed by Chief Justice N V Ramana was told by Attorney General K K Venugopal, appearing for GUVNL, that a settlement has been arrived at between the state PSU and Adani Power (Mundra) Ltd on January 3.

PPA termination: SC grants Adani firm 3 weeks to reply to PSU plea on verdict

October 01, 2021 8:32 am

A five-judge bench headed by Chief Justice of India N V Ramana also asked GUVNLA to file its rejoinder in two weeks after the Adani group submits its reply, after which the court will hear the matter again.

Adani Power posts Rs 13.13 crore net profit in March quarter

May 06, 2021 5:27 pm

Adani Power (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India.

Criminal defamation case Adani Power opposes Thakurta plea on transfer of case from Mundra to Ahmedabad court

March 25, 2021 7:35 am

The affidavit filed by Adani Power’s authorised representative, Malav Deliwala, submitted that “the cause of action for civil suits is entirely different from the cause of action for criminal defamation proceeding”.

Adani Power told to comply with norms of employing local workforce in Kutch: Gujarat Government

March 23, 2021 1:22 am

In its written reply, the government stated it collects details about employment of locals from private and government firms twice every year (June and December).

Adani Power loss widens to Rs 682.46 crore in June quarter

August 06, 2020 3:12 pm

The total income of the company in the quarter declined to Rs 5,356.19 crore, from Rs 8,014.50 crore in the year-ago period, Adani Power said in a BSE filing.

CERC nod to higher tariff for Adani Power’s capacities at Mundra plant

April 13, 2019 5:48 am

The regulator also allowed pass through of coal costs, subject to a cap of $110/tonne. Additionally, it allowed extension of PPA with GUVNL by another 10 years after completion of the 25-year tenure by 2032.

Stressed Power Units: 'Banks have to take more than Rs 10K crore haircut'

September 18, 2018 1:16 am

The banks would have to reduce the debt of Tata Power Project and Adani Power project by Rs 4,240 crore and Rs 3,821 crore, respectively, according to the HPC.

Adani Power's proposal to set up special economic zone in Jharkhand rejected

February 11, 2018 1:30 pm

The Board of Approval noted that the proposal of Adani Power was inconsistent with the power guidelines dated February 16, 2016 and also that there was no recommendation from the state government.