MoneyWorks4Me

Adani Power’s arm inks long term PPA

08 Nov 2017 Evaluate

Adani Power’s wholly owned subsidiary - Adani Power (Jharkhand) has signed a long term Power Purchase Agreement (PPA). The PPA has been signed for net capacity of 1496 MW with Bangladesh Power Development Board for 25 years.

The power supply under the PPA will be made from a new 1600 MW (2 x 800 MW) Ultra-supercritical, coal based power plant to be set up by Adani Power (Jharkhand) at Godda, Jharkhand.

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 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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