Haryana cabinet to take call on signing supplementary PPA with Adani today
2 years, 6 months ago

Haryana cabinet to take call on signing supplementary PPA with Adani today

Hindustan Times  

The Haryana cabinet will on Monday morning take a call on inking a supplementary power purchase agreement with Adani Power Ltd for supply of about 1,200 MW power generated from domestic coal at the agreed tariff of ₹2.94 per unit. Adani Power, which has a contract with the Haryana government since 2008 for supplying 1,424MW electricity from its Mundra power project at a tariff of ₹ 2.94 per unit for 25 years, has consistently defaulted on supplying power for the last several months. Adani Power, which has a contract with the Haryana government since 2008 for supplying 1,424MW electricity from its Mundra power project at a tariff of ₹2.94 per unit for 25 years, has consistently defaulted on supplying power for the last several months. APL sought signing of a supplementary PPA for supply of power generated from imported coal on a higher tariff as per the recommendation of a high-powered committee.

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History of this topic

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal
3 weeks, 2 days ago

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

The Hindu  

Bangladesh’s interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters. Adani Group has called the U.S. allegations “baseless.” Tax Exemptions Adani Power’s Godda plant runs off imported coal and was built to serve Bangladesh. …

After U.S. indictment, Adani Group will face greater pressure in Bangladesh over power deal, says expert
1 month, 2 weeks ago

After U.S. indictment, Adani Group will face greater pressure in Bangladesh over power deal, says expert

The Hindu  

Indictment of Gautam Adani and several top officials of the Adani conglomerate in the U.S. may become a factor in future negotiations between the Adani Group and the interim government in Bangladesh, energy experts in Dhaka have said. But after the U.S. indictment, that space of dialogue may shrink as the group is likely to face greater pressure from Bangladesh …

'Rigged deal': Congress attacks Mahayuti government over Adani winning bid to supply power to Maharashtra
3 months, 3 weeks ago

'Rigged deal': Congress attacks Mahayuti government over Adani winning bid to supply power to Maharashtra

The Hindu  

With the Adani Group winning a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra, the Congress on Sunday alleged that it was a "rigged deal" facilitated by the Mahayuti government, which it claimed was "tottering towards a landslide defeat" in the upcoming assembly polls. The opposition party's attack came after the Adani Group won a …

‘Shocking details soon’: Congress on Adani winning 6,600 MW power bid in Maharashtra ahead of elections
3 months, 3 weeks ago

‘Shocking details soon’: Congress on Adani winning 6,600 MW power bid in Maharashtra ahead of elections

Hindustan Times  

Senior Congress leader Jairam Ramesh on Sunday lashed out at the Maharashtra government for awarding a power contract to the Adani Group, calling it ‘yet another Modani enterprise’ – an apparent jibe at Prime Minister Narendra Modi's perceived proximity to the billionaire industrialist. All about Adani's power bid Adani Power won the bid to supply a mix of renewable and …

Adani Power begins electricity supply from Jharkhand plant to Bangladesh
1 year, 9 months ago

Adani Power begins electricity supply from Jharkhand plant to Bangladesh

Hindustan Times  

Adani Power on Sunday said that it has begun supplying electricity from its plant in Godda in Jharkhand to Bangladesh. Adani Power Ltd, a part of the diversified Adani Group, has commissioned the first 800 MW ultra-super-critical thermal power generation unit at Godda in Jharkhand. The electricity supplied from Godda will significantly improve the situation in the neighbouring country as …

Adani Power’s Jharkhand unit begins operations, to supply power to Bangladesh
1 year, 9 months ago

Adani Power’s Jharkhand unit begins operations, to supply power to Bangladesh

Live Mint  

Mumbai: Adani Power Ltd, part of billionaire Gautam Adani's group of companies, on Friday said that its power plant in Jharkhand has begun commercial operations. The facility is part of the 2x800 MW ultra-supercritical power project of Adani Power Ltd, according to an exchange filing. APJL, a wholly-owned subsidiary of Adani Power, has a 25-year power purchase agreement to supply …

Adani Power agrees to sign supplementary PPA with Haryana
1 year, 10 months ago

Adani Power agrees to sign supplementary PPA with Haryana

Hindustan Times  

Eight months after the Haryana Council of Ministers had approved the signing of a supplementary power purchase agreement with Adani Power Ltd to resolve the impasse over the supply of 1,424 MW of contracted power to the state, the under-fire Adani conglomerate on Tuesday yielded. The Adani Power Ltd which had dithered from signing the mutually agreed supplementary PPA with …

Haryana blames Adani Power, Gujarat plant for adding to power woes
2 years, 8 months ago

Haryana blames Adani Power, Gujarat plant for adding to power woes

Hindustan Times  

The Adani Power Ltd and Coastal Gujarat Power Ltd have not been supplying power to Haryana for the last six months, thus contributing to the ongoing power shortage amid rising temperatures, show documents submitted by the state government to the power regulator. The Haryana Power Purchase Centre, in a petition before the Haryana Electricity Regulatory Commission, a week ago said …

Adani Power’s Q3 loss at ₹1,181 crore, revenue climbs to ₹6,667 crore
5 years, 11 months ago

Adani Power’s Q3 loss at ₹1,181 crore, revenue climbs to ₹6,667 crore

Live Mint  

Ahmedabad: Adani Power Ltd today posted a loss of ₹1,180 crore for the third quarter ended December 31. We continue to see a long-term growth potential in the thermal power sector, which is bolstered by robust economic growth and the government’s fruitful efforts in addressing challenges faced by the sector,” stated Gautam Adani, chairman of the Adani group. Adani Power …

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