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Adani Power gets nod for Rs 14,000 crore SEZ project in Jharkhand

05 Mar 2019 Evaluate

Adani Power has received Government’s approval for Rs 14,000 crore special economic zone (SEZ) project in Jharkhand, which will export entire power generated to Bangladesh. The two supercritical units of 800 MW each would be set up with an investment of Rs 14,000 crore which would include setting up of a water pipeline and power evacuation system. It will be ready by the end of 2022.

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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