Adani Power
Mr. Shersingh B. Khyalia (Chief Exec. Officer)
Mr. Shailesh Sawa (Chief Financial Officer)
Summary
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 and solar energy sources. It has various power projects with a combined installed and commissioned capacity of 13,650 MW, including 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; 1,200 MW at Singrauli, Madhya Pradesh; and 40 MW at Bitta, Gujarat. The company also trades in coal. Adani Power Limited was founded in 1988 and is headquartered in Ahmedabad, India.
History
2009 – It started generation in July 2009 by RAM implementation of its first 330 MW of 4,620 MW at Mundra. This is the largest single location coal-based power project in India.
2010 – The company commissioned another three 330 MW by November 2010 and country's first supercritical unit of 660 MW on 22 December 2010, making its capacity 1,980 MW.
2011 – On 6 June 2011, it synchronised its second unit of 660 MW bringing the total generating capacity to 2,640 MW and on 2 October 2011, it synchronised its third super critical unit with national grid.
2012 – In February 2012, it commissioned the last unit of Mundra Project to take its capacity to 4,620 MW which made the Mundra TPP the largest privately held thermal power plant in the world and fifth largest on an overall basis, as of March 2012. This plant became the third-largest thermal power plant in the world after its completion.
2013 – In 2013, the company commissioned a 40 MW solar power project in Kutch, Gujarat. This is the largest solar power project in the country and marked the group's entry into the renewable energy sector.
2014 – On 3 April 2014, the company announced the commissioning of the fourth unit of 660 MW at its power plant at Tiroda in Maharashtra, thus emerging as the largest private power producer in India, with an overall installed capacity of 9,280 MW. The fifth unit was commissioned later in 2014.
2015 – the company announced the completion of acquisition of Udupi Power Corporation Limited on 11 May 2015. With this, Adani Power has a total commissioned capacity of 10,440 MW, making the company the largest private power producer in India.
2017 – In 2017, one of its units created a national record by continuously operating for 600 days.
2019 – In the fourth quarter ended on 31 March 2019, Adani Power reported a consolidated net profit of Rs 634.64 crores. In the same fiscal the previous year, the company had reported a consolidated net loss of Rs 653.25 crore.
Mission
To be a world class leader in businesses that enrich lives and contribute to nations in building infrastructure through sustainable value creation.
Vision
To be the globally admired leader in integrated infrastructure businesses with a deep commitment to nation building. We shall be known for our scale of ambition, speed of execution and quality of operations.
Key Team
Mr. V. N. Bhamidipati (Sr. VP of Operation Services)
Mr. Bhagwan Kodwani (Chief Information Officer)
Mr. Deepak S. Pandya (Company Sec. & Compliance Officer)
Mr. Om Prakash Kalia (Sr. VP of Engineering)
Mr. Subimal P. Shome BE Mechanical (Head of Project)
Mr. Om Prakash Bhardwaj (Head of Civil Department at APL & VP)
Mr. Ajay Kumar Gupta B.Tech (Sr. VP of HVDC & Substation)
References
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Mr. Shersingh B. Khyalia (Chief Exec. Officer)
Mr. Shailesh Sawa (Chief Financial Officer)