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Haryana Cabinet Gives Nod To Supplementary PPA With Adani Power

Energy & Infra

Haryana discoms had entered into two power purchase agreements (PPAs) for 712 MW each with Adani Power Limited, both dated August 7, 2008, at a levelised tariff of Rs 2.94 per unit for 25 years, for the procurement of contracted capacity of 1,424 MW in aggregate from Mundra power project in Gujarat

Andhra Cabinet Approves 3,700 MW Adani Green Energy Projects In 4 Locations

BW Online Bureau

Energy & Infra Power

Adani came forward to set up these plants at a cost of Rs 15,376 crore in four phases and provide employment to 4,000 people, according to the Chief Minister's Office

Adani Power Acquires Infra Development Firms SPPL And EREPL For Over Rs 609 Cr

BW Online Bureau

Energy & Infra

Earlier this month, the company had stated in a filing that the cost of acquisitions were Rs 280.10 crore for SPPL and Rs 329.30 crore for EREPL. The consideration for the acquisition was cash

Adani Power Acquires Infra Development Firms SPPL And EREPL For Rs 609 Cr

BW Online Bureau

Energy & Infra

Earlier this month, the company had stated in a filing that the cost of acquisitions were Rs 280.10 crore for SPPL and Rs 329.30 crore for EREPL. The consideration for the acquisition was cash

Adani Power Board Approves Merger Of Six Arms With Itself

BW Online Bureau

Energy & Infra

As per the filing, the subsidiaries to be merged with Adani Power are Adani Power Maharashtra, Adani Power Rajasthan, Adani Power (Mundra) , Udupi Power Corporation, Raipur Energen, and Raigarh Energy Generation

SC Notes Settlement, Closes Curative Plea Of GUVNL Against Adani Power For Termination Of PPA

BW Online Bureau

Energy & Infra

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

Adani Power Maharashtra Asks MSEDCL To Pay Rs 10,135 Cr In 4 Weeks After SC Order

BW Online Bureau

Energy & Infra

Adani Power Maharashtra Ltd (APML) has shot off a letter to Maharashtra State Electricity Distribution Co. Ltd for payment of Rs 10,135 crore toward supply of electricity by APML following the apex court's direction to pay at least 50 per cent of the outstanding dues

Adani Power Board Appoints Shersingh B Khyalia As Its CEO

BW Online Bureau

Energy & Infra

Shersingh B Khyalia is a Chartered Accountant and brings with him over 32 years of experience in managing complex business in the power industry, including generation, transmission and distribution.

Adani Power Gets NCLT Green Signal To Acquire Essar's 1,200 MW Mahan Project In MP

BW Online Bureau

Companies & Markets

The acquisition shall be subject to satisfaction of conditions precedent mentioned under the Resolution Plan, it stated.

Supreme Court Gives Three Weeks To Adani Power To Respond In GUVNL PPA Termination Case

BW Online Bureau

Energy & Infra

In a significant development on September 17, the bench decided to hear in an open court the GUVNL's curative petition which, as per industry estimates, has to pay nearly Rs 11,00 crore compensation to Adani Power.

SC Seeks Adani Power's Reply On Curative Plea Of GUVNL Against Termination Of PPA

BW Online Bureau

Companies & Markets

The top court also ordered deletion of Consumer Education and Research Society and one Sunil B Oza as parties to the litigation after Attorney General K K Venugopal, appearing for the state company, submitted so.

Major Relief for GUVNL in PPA termination case from Supreme Court

BW Online Bureau

Energy & Infra Oil and Gas

Adani Power had terminated the 1,000 - Mw power purchase agreement with GUVNL from its plant in Mundra on account of non-coal supply by Gujarat Mineral Development Corporation. Adani Power asserted that the power supply was conditional to coal supply.