Industry

Adani incorporates new power company in UAE, will invest in power, infra & related fields



Adani Power Limited has incorporated a wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, exchanges were informed on August 27. The new entity will invest in power, infrastructure, and related fields. Adani Power Middle East Ltd. has an authorised share capital of $27,000, with each share valued at $1. Adani Power Limited owns 100% of the shares in the new subsidiary.

With a power generation capacity of 15,250 MW, Adani Power Limited (APL) is India’s largest private thermal power producer. The company operates thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand, along with a 40 MW solar power project in Gujarat.

Adani Power Limited continues to expand its footprint in the thermal power sector, both within India and internationally, with strategic initiatives aimed at strengthening its infrastructure and technology base.

It may be noted here that APL claims to be the world’s first entity to establish a coal-based Supercritical thermal power project registered under the Clean Development Mechanism (CDM) of the Kyoto Protocol.

Recently, Adani Power Limited, along with its subsidiary Mahan Energen Limited (MEL), signed an Rs 11,000 crore contract with Bharat Heavy Electrical Limited (BHEL). This contract, finalized on August 25, involves the development of three supercritical thermal power projects.

“The contract encompasses the supply of critical equipment and the supervision of the erection and commissioning processes for three major power projects,” the company stated.Each of these projects will have a capacity of 2×800 MW and will leverage advanced Supercritical Technology. The projects are designated to be developed in three locations: Kawai Phase-II and Kawai Phase-III in Rajasthan, and Mahan Phase-III in Madhya Pradesh.



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