TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Adani Power Limited ( (IN:ADANIPOWER) ) has issued an update.
Adani Power Limited has been awarded a significant contract by Assam Power Distribution Company Limited to develop a 3,200 MW ultra-supercritical thermal power plant in Assam. This project, which will be executed under the Design, Build, Finance, Own and Operate model, is expected to enhance Adani Power’s market presence in the region and contribute to meeting the long-term energy needs of Assam. The phased commissioning of the project is set to begin in December 2030, with full operations by December 2032, marking a strategic expansion for the company in the Indian power sector.
More about Adani Power Limited
Adani Power Limited is a prominent player in the energy sector, primarily engaged in the development and operation of thermal power plants. The company focuses on providing reliable and sustainable power solutions, leveraging advanced technologies to enhance efficiency and environmental performance.
Average Trading Volume: 6,973,945
Technical Sentiment Signal: Buy
Current Market Cap: 2930.3B INR
Learn more about ADANIPOWER stock on TipRanks’ Stock Analysis page.