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Adani Power’s arm set to commission third unit in Tiroda

06 Apr 2013 Evaluate

Adani Power’s - 100% subsidiary - Adani Power Maharashtra, is set to commission its third unit later this month which is located at Tiroda in Gondia district in the state of Maharashtra, pursuant to synchronization of its two units. The company has synchronized the first two units on August 28, 2012 and on January 30, 2013.

The power plant in Gondia had ran into trouble when the coal block allotted to them in Lohara near Tadoba forest, Chandrapur was cancelled since it was located in deep forest in eco-sensitive zone. The thermal power plant is the biggest in central India and the first supercritical technology-based unit.

Adani Power Maharashtra which had drawn an ambitious plan to set up 3,300 MW power plant (5x660), decided to go ahead with import of coal, seeking coal linkage from Coal India besides an alternative coal block exclusively for its Tiroda plant.

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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