About Adani Power
Adani Power, an Indian multinational power and energy company and a subsidiary of the Adani Group, is headquartered in Ahmedabad, India. Established on August 22, 1996, by founder Gautam Adani, the company operates as a private thermal power producer with a substantial capacity of 12,450 MW. Additionally, it manages a significant 40 MW mega solar plant in Naliya, Bitta, Kutch, Gujarat. Vineet Jaain has been serving as the CEO since May 14, 2012.
As part of the Adani Group, Adani Power Limited (APL) stands out as the largest private thermal power producer in India. The company boasts an impressive revenue of 43,040 crores INR (US$5.4 billion) as of 2023. With its diverse power generation capacity, APL operates thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, and Chhattisgarh, in addition to a solar power project in Gujarat.
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A notable achievement for Adani Power is being the world’s first company to establish a coal-based Supercritical thermal power project registered under the Clean Development Mechanism (CDM) of the Kyoto Protocol. Despite entering the power generation sector in 2006, the company successfully utilized the project management skills of the Adani Group to efficiently set up its first power plant at Mundra.
In the face of challenges in the Indian power sector in recent years, Adani Power has demonstrated resilience through prudence, persistence, and discipline. The company has implemented cutting-edge technologies and practices, setting benchmarks for the power industry.
Adani Power’s business activities encompass the generation, accumulation, distribution, and supply of power. The company is dedicated to dealing in electricity, exploring, developing, and dealing with various forms of energy from any source. As of 2023, Adani Power employs a workforce of 3,541 individuals.
Conclusion
This article serves as a comprehensive guide to the 101% Return in the Last 1 Year Adani power share. The information and forecasts are derived from our analysis, research, company fundamentals, historical data, experiences, and various technical analyses. The article delves into the share’s prospects and growth potential in detail. Feel free to comment below if you have any further queries. We are more than happy to address all your questions. If you find this information helpful, consider sharing the article with as many people as possible.
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