Business description: Adani Power Limited

Adani Power Limited is an India-based private-sector thermal power producer with an operating and upcoming capacity of approximately 16.85 gigawatts (GW). The Company, together with its subsidiaries, has multiple power projects located at various locations with a combined installed and commissioned capacity of 15,250 megawatts (MW) and another 1,600 MW under construction phase. Its segments include Power Generation and related activities, and Trading, Investment and other activities. It sells power generated from its projects under a combination of long-term power purchase agreements (PPAs), supplemental power purchase agreements (SPPAs), medium term PPA, short term PPA and on merchant basis. Its power plants are located in various locations, including Mundra, Gujarat; Tiroda, Maharashtra; Kawai, Rajasthan; Udupi, Karnataka; Raipur, Chhattisgarh; Raigarh, Chhattisgarh; Godda, Jharkhand; Singrauli, Madhya Pradesh (ongoing expansion); Singrauli, Madhya Pradesh, and Bitta, Gujarat.

Number of employees: 4,176

Sales by Activity: Adani Power Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

Power Generation and Related Activities (Excluding Trading and Investing Activities)

259B 272B 379B 500B 561B

Trading, Investment and Other Activities

3.51B 4.89B 8.77B 3.37B 960M

Geographical breakdown of sales: Adani Power Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

India

262B 277B 388B 504B 483B

Bangladesh

- - - - 79.4B

Executive Committee: Adani Power Limited

Manager TitleAgeSince
Chief Executive Officer - 2022-01-10
Chief Executive Officer 67 2020-07-10
Compliance Officer - 2026-03-31
Investor Relations Contact - -

Composition of the Board of Directors: Adani Power Limited

Director TitleAgeSince
Chairman 63 2005-12-25
Director/Board Member 61 2007-06-11
Director/Board Member 67 2020-07-10
Director/Board Member - 2025-05-30
Director/Board Member 63 2024-04-30
Director/Board Member 70 2025-11-03
Director/Board Member 71 2025-12-03

Shareholders: Adani Power Limited

NameEquities%Valuation
36.86 %
7,108,062,265 36.86 % 10 946 M ₹
Flourishing Trade & Investment Ltd.
11.46 %
2,210,933,260 11.46 % 3 405 M ₹
Adani Tradeline Pvt Ltd
10.34 %
1,993,931,925 10.34 % 3 071 M ₹
Emerging India Fund Management Ltd.
6.74 %
1,299,702,000 6.74 % 2 001 M ₹
Opal Investments, Inc.
4.641 %
895,003,885 4.641 % 1 378 M ₹

Company details: Adani Power Limited

Adani Power Ltd.

Adani Corporate House

382421, Ahmedabad

+91 79 2656 7555

http://www.adanipower.com
address Adani Power Limited(ADANIPOWER)

Group companies: Adani Power Limited

NameCategory and Sector
Electric Utilities
Electric Utilities
Electric Utilities
Electric Utilities
Electric Utilities

Other Independent Power Producers

Change 5d. change 1-year change 3-years change Capi.($)
+2.02%+9.90%+72.89%+353.12% 35.97B
+0.40%+5.70%+8.82%+114.05% 39.74B
-0.37%-3.18%-8.59%+19.73% 15.77B
+2.74%-1.91%+63.62% - 14.2B
-0.05%+1.02%+6.18%+16.38% 12.5B
-1.60%-2.38%+59.74%+78.26% 8.92B
+0.49%+2.94%+52.15%+55.62% 7.69B
0.00%+0.66%-18.21%-23.15% 7.51B
+0.22%-0.65%-2.14%+7.03% 4.72B
+3.31%+13.27%+99.72%+79.70% 4.43B
Average +0.72%+2.00%+33.42%+77.86% 15.14B
Weighted average by Cap. +0.83%+3.16%+33.32%+139.08%
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
CCC
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
175.81INR
Average target price
180.14INR
Spread / Average Target
+2.46%

Quarterly revenue - Rate of surprise

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