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Tag "Adani Power"

Adani Power completes GMR Chhattisgarh Energy’s acquisition

Adani Power completes GMR Chhattisgarh Energy’s acquisition

🕔07:39, 3.Aug 2019

Mumbai, Aug 3  Private sector thermal power producer Adani Power on Friday said that it has completed the acquisition of GMR Chhattisgarh Energy (GCEL). According to the company, the acquisition of GCEL was concluded at an enterprise valuation of approximately

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Adani Power receives Letter of Intent for Korba West Power

Adani Power receives Letter of Intent for Korba West Power

🕔14:00, 8.Apr 2019

Mumbai, April 8 (IANS) Adani Power on Monday said it has received the Letter of Intent (LoI) to acquire the insolvent Korba West Power Company (KWPCL) after the latter’s Committee of Creditors (CoC) approved Adani’s resolution plan for KWPCL. The

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Adani Power got nod to set up power SEZ on Feb 25

Adani Power got nod to set up power SEZ on Feb 25

🕔10:41, 26.Mar 2019

New Delhi, March 26  Days before the Lok Sabha election dates were announced, the government paved the way for Adani Power Limited (APL) to set up India’s first power sector special economic zone (SEZ) by amending guidelines. With the amendment

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Adani Power Q3 net loss lower at Rs 1,181 cr

Adani Power Q3 net loss lower at Rs 1,181 cr

🕔20:06, 6.Feb 2019

Mumbai, Feb 6  Pulled down by issues affecting the sector, Adani Power on Wednesday reported a net loss of Rs 1,180.78 crore for the third quarter ended in December, although the loss was lower as compared to what the company

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Adani Power Q1 loss nearly doubles to Rs 824 crore

Adani Power Q1 loss nearly doubles to Rs 824 crore

🕔09:59, 7.Aug 2018

Ahmedabad, Aug 7 Gautam Adani-led Adani Power Ltd (APL) on Monday announced near-doubling of its losses at (-) Rs 824 crore in the first quarter ending June caused by poor operating performance. The Adani Group subsidiary said in a statement here

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Adani Power net loss widens to Rs 1,290.74 cr in Q3

Adani Power net loss widens to Rs 1,290.74 cr in Q3

🕔10:27, 18.Jan 2018

Ahmadabad, Jan 17  Adani Power on Wednesday reported that its consolidated net loss for the quarter ended December 31, 2017 has widened to Rs 1,290.74 crore from Rs 667.89 crore loss in the year-ago period. Revenue from operations during the

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Jharkhand gives 175 acres to Adani Power

Jharkhand gives 175 acres to Adani Power

🕔20:28, 12.Dec 2017

Ranchi, Dec 12 (IANS) The Jharkhand government on Tuesday gave 174.84 acres of acquired land to Adani Power Ltd to set up a 1600 MW power plant in the state. Jharkhand Chief Secretary Rajbala Verma handed over the documents of the

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Adani’s $3.5bn debt-funded ‘investment’ in Australia at risk : Report

Adani’s $3.5bn debt-funded ‘investment’ in Australia at risk : Report

🕔21:41, 2.Oct 2017

New Delhi, Oct 2 (IANS) The Adani Group’s entire A$3.5 billion (Rs 178 billion) debt-funded ‘investment’ in Australia is gravely at risk, the US-based Institute for Energy Economics and Financial Analysis (IEEFA) said on Monday. In a new report it details

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Jharkhand MLA protesting Adani power plant arrested

Jharkhand MLA protesting Adani power plant arrested

🕔17:02, 22.Apr 2017

Ranchi, April 22 (IANS) Police on Saturday arrested Pradeep Yadav, a Jharkhand Vikas Morcha-Prajatantrik (JVM-P) legislator, sitting on dharna for the past week protesting against an upcoming Adani power plant in the state. Police reached the dharna site in Godda

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Adani Power Q2 net loss comes down to Rs 114 cr

Adani Power Q2 net loss comes down to Rs 114 cr

🕔10:35, 25.Oct 2016

Ahmedabad, Oct 25  Adani Power on Monday announced it has recovered its consolidated net loss for the second quarter ended September to Rs 114 crore, as compared to the loss of Rs 411 crore suffered in the same quarter of last

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Adani Power Q4 net rises 64 percent

Adani Power Q4 net rises 64 percent

🕔11:52, 4.May 2016

Ahmedabad, May 4  Adani Power on Tuesday reported a 64 percent increase in consolidated net profit for the fourth quarter of 2015-16 at Rs.1,173.39 crore as compared to Rs.715.05 crore for the corresponding period of 2014-15.Consolidated total income for the

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Indian Railways to procure 50 mw electricity from Adani Power

Indian Railways to procure 50 mw electricity from Adani Power

🕔11:03, 16.Oct 2015

New Delhi, Oct 16  As part of its budget announcement of procuring power through bidding, Indian Railways on Thursday signed a contract with Adani Power for supply 50 MW for three years, an official statement said.Adani will provide electricity at

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Adani Power buys Avantha’s 600 MW Chhattisgarh unit

Adani Power buys Avantha’s 600 MW Chhattisgarh unit

🕔09:25, 25.Nov 2014

Ahmedabad, Nov 25 Adani Power said it has entered into a binding agreement with the Avantha Group to purchase its 600 MW Korba West unit in Chhattisgarh for over Rs.4,200 crore. Korba West Power owns the 600 MW thermal power

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Adani Power Q2 net loss down to Rs.799 crore

Adani Power Q2 net loss down to Rs.799 crore

🕔11:58, 11.Nov 2014

Ahmedabad, Nov 11  Gautam Adani-led Adani Power Ltd Monday reported a lower consolidated net loss of Rs.799 crore for the second quarter ended September as compared to a net loss of Rs.1,072 crore in the same period of the last

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Adani Power buys Lanco’s Udupi thermal plant for Rs. 6000 cr

Adani Power buys Lanco’s Udupi thermal plant for Rs. 6000 cr

🕔10:15, 14.Aug 2014

New Delhi Aug 13 Infrastructure major Lanco Infratech Ltd. wednesday said it has sold a 1,200 MW thermal power plant in Karnataka to Adani Power for about Rs.6,000 crore, in a move to cut its debt. “For Lanco Infratech, this

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