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The latest announcement is out from Adani Power Limited ( (IN:ADANIPOWER) ).
Adani Power Limited has received a Letter of Intent from Bihar State Power Generation Company Limited for a 2400 MW thermal power project in Bihar. The project, which will operate on a Design, Build, Finance, Own, and Operate model, aims to supply electricity to North and South Bihar Power Distribution Companies, marking a significant expansion in Adani Power’s operational capacity and reinforcing its position in the Indian energy market.
More about Adani Power Limited
Adani Power Limited operates in the energy sector, primarily focusing on thermal power generation. The company is known for its large-scale power projects and has a significant presence in the Indian market, providing electricity through various power plants across the country.
Average Trading Volume: 545,021
Technical Sentiment Signal: Buy
Current Market Cap: 2234.7B INR
For an in-depth examination of ADANIPOWER stock, go to TipRanks’ Overview page.