Adani Power has won its first coal block in the on-going e-auctions after its bid of Rs 302 a tonne for Jitpur in Jharkhand beat the likes of Jindal Steel and Power, Jaiprakash Power Ventures and others.
The company’s success comes after it failed to win any of the six producing blocks that were sold between February 14 and February 22. The three blocks in Jharkhand went under the hammer. Besides Jitpur, Brinda & Sasai was the other block that was awarded.
Adani Power is India’s largest private sector power generation company with a current operational capacity of 9,240 MW, comprising of 4,620 MW at Mundra in Gujarat, 3,300 MW at Tiroda in Maharashtra and 1,320 MW at Kawai in Rajasthan.
| Company Name | CMP |
|---|---|
| NTPC | 396.75 |
| Tata Power | 429.25 |
| Adani Power | 203.45 |
| Power Grid Corp | 320.10 |
| Torrent Power | 1617.70 |
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