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Adani Power restores 2,000 MW supply to Gujarat discom

23 Aug 2018 Evaluate

Adani Power has restored the supply of 2,000 megawatt (MW) since the past 15 days, in a major relief to state-run power utility Gujarat Urja Vidyut Nigam (GUVNL). GUVNL has power purchase agreements (PPAs) of 2,000 MW with Adani Power, 1,000 MW with Essar Power Gujarat and 1,805 MW with Tata Power.

Essar discontinued supply from December 15 last year, while Adani stopped supply from January 20 this year without any prior notice to GUVNL or the Gujarat Electricity Regulatory Authority (GERC).

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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