Page 9 - Adani Power

Setback for Tata, Adani, Essar: Gujarat scraps order to pay more for power

It will now sign supplemental PPAs with these units on a "case-by-case basis" over and above the existing PPAs.

Top Headlines: Voda Idea defaults on payments, IT firms' hiring woes & more

From IT companies facing problems in hiring fresh candidates, Voda defaulting on June payments, TCS reporting fall in net profits, here are the top headlines on Friday morning

Tata Power to raise Rs 2,600 crore from Tata Sons via preferential issue

Tata Power board approves setting up of renewables InvIT

Key ratios of Adani group in dangerous territory

To marry the narrative to the numbers, the group has to keep scaling up since that allows it to raise more money

Adani Power gets shareholders' approval to raise up to Rs 2,500 cr

The shareholders also approved a proposal to have flexibility to infuse additional capital, to tap capital markets and to raise additional long-term resources

Power sector hopes for reforms at state level as Centre curbs imports

Given the federal structure in the power sector, most states float tenders different from the Centre and adopt separate selection criteria, mostly tilting towards low cost.

Adani Power buys 49% stake in Odisha Power Generation Corp from US firm

Odisha holds the balance 51% in OPGC which operates the 1,740 Mw thermal power plant at Banharpalli in Jharsuguda

Adani Power board okays delisting from BSE, NSE; to seek shareholders' nod

The company has worked out the floor price of an equity share of Rs 33.82 to buy 96.53 crore scrips with the public for about Rs 3,264 crore

From thermal to solar units, China dominates India's power sector

Barring a few, all privately-owned thermal power units, roughly about 40,000 Mw, constructed over the past decade were built using Chinese equipment.

Reliance Infrastructure removes KPMG from BSES stake sale process

KPMG's exit from the mandate means the entire process will now start afresh, led by RInfra itself

1,600-MW Jharkhand project delayed amid Covid-19 lockdown: Adani Power

The project would supply 1,496 MW to Bangladesh Power Development Board after it is operational

Adani Power shares surge 10% as Gautam Adani plans to delist Co

The board of Adani Power is scheduled to meet on Wednesday to consider the proposal for voluntary delisting of the equity shares of the Company

17 independent power producers to forgo imported coal for domestic supply

Adani Power, GMR Energy, Avantha Power, Lalitpur Power, and Vedanta are some of the private companies that have applied for the 'import substitution' scheme of the Centre

After Vedanta, Adani Power to go for delisting; board meet on June 3

The conglomerate has so far maintained a strategy to incubate a business and monetize it through public listing at a later stage.

Adani Power gets approval to set up 1,320 MW plant in Madhya Pradesh

Pench Thermal Energy has signed a power purchase agreement with MP Power Management Company Ltd (MPPMCL) for procurement of 1,320 MW of electricity on long-term basis

Vedanta, United Spirits: Why are firms opting to delist in the current mkt?

If the trading volumes shrink and the market is failing to reflect the true value of the counter in the price, the listed entity may find it to be very difficult to raise equity capital, analysts say.

All for liquidity: Watch every rupee, chase dues, and refinance debt

Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs

Tata group, Adani, CESC may join the race to buy BSES companies

Clouding the valuation will be dues to generation firms and a possible CAG audit

Adani Power Q4 pre-tax loss widens to Rs 1652.6 cr due to high expenses

The company's total income fell to Rs 6,327.57 crore in the quarter from Rs 8,077.89 crore in the year-ago period

Adani Power Q3 net loss narrows to Rs 702 cr, income rises to Rs 6,684 cr

Aggregate sales volumes registered for 2019-20 were at 16.4 billion units (BU)