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Adani Power inks agreement with BPDB

11 Apr 2017 Evaluate

Adani Power has inked an agreement with Bangladesh Power Development Board (BPDB) entailing an investment of $2 billion. The company will supply 1,600MW electricity produced in the Jharkhand plant to the neighbour. The company has also signed a power purchase agreement and Power Grid Company of Bangladesh.

Adani Power is engaged in the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.


Peers
Company Name CMP
NTPC 310.70
Tata Power 341.25
Adani Power 189.25
Power Grid Corpn. 250.20
Adani Energy Solut. 1266.90
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