Adani Power Jharkhand Ltd commissions Unit 1 of 800 MW capacity

The Unit 1 of 800 MW capacity of the 2x800 MW Ultra-supercritical power project of Adani Power (Jharkhand) Limited ("APJL"), situated in Godda District in Jharkhand, has achieved commercial operations.

APJL, a wholly owned subsidiary of Adani Power Limited, will supply power under a 25-year Power Purchase Agreement ("PPA") for corresponding net capacity of 748 MW from Unit 1 to the Bangladesh Power Development Board. Pursuant to the above, APJL has started processing its claims under the PPA with effect from April 6, 2023.

Unit 2 of 800 MW is in an advanced stage of completion and is expected to be commissioned soon.

Shares of Adani Power Limited was last trading in BSE at Rs. 192.15 as compared to the previous close of Rs. 190.05. The total number of shares traded during the day was 1088033 in over 14127 trades.

The stock hit an intraday high of Rs. 197.00 and intraday low of 187.30. The net turnover during the day was Rs. 209413543.00.

Source : Equity Bulls

Keywords

AdaniPower INE814H01011 AdaniPowerJharkhand 800MW Unit1 CommercialOperations