Adani Power is expecting its margins to be impacted due to increase in prices of Indonesian coal. Also, due to lack of clarity on coal supplies, the company has currently put its 6,500 megawatt (MW) of capacity expansion plan on hold.
Recently, the company was planning to commission entire 4,620-MW proposed thermal power capacity at Mundra by February. The company had set up four units of 330 MW each at Mundra in the initial phases.
The company’s net profit for the quarter ended September 30, 2011 has surged 41.04% at Rs 177.48 crore as compared to Rs 125.84 crore for the corresponding quarter of the previous year. The company’s total income has increased by 171.55% at Rs 1073.08 crore for the second quarter of the current fiscal from Rs 395.17 crore for the corresponding quarter of the previous year.
Company Name | CMP |
---|---|
NTPC | 365.10 |
Tata Power | 454.60 |
Power Grid Corp | 311.35 |
Adani Power | 604.40 |
Torrent Power | 1485.30 |
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