Adani Power Jharkhand Ltd commissions Unit 2 of 800 MW capacity in Jharkhand

The Unit 2 of 800 MW capacity of the 2x800 MW Ultra-supercritical power project of Adani Power (Jharkhand) Limited ("APJL", a wholly owned subsidiary of Adani Power Limited), situated in Godda District in Jharkhand, has achieved commercial operations at 24:00 hrs Bangladesh Standard Time on 25th June, 2023 (23:30 hrs India Standard Time on 25th June, 2023) following successful completion of Reliability Run Tests, as per contract.

Accordingly, APJL will hereinafter export (w.e.f. 00.00 hrs Bangladesh time, of 26th June, 2023), entire power generated from the 2x800 MW Godda Ultrasupercritical thermal power plant ("USTCPP") on commercial basis, as per Power Purchase Agreement, directly to Bangladesh through the dedicated 400 kV transmission lines, with net capacity of 1496 MW. APJL has 25-year contract with Bangladesh Power Development Board (BPDB).

Construction of the Godda USTCPP has been completed despite severe challenges posed by COVID-19 pandemic lockdowns. The project, which has deployed for the first time in India state-of-the-art Ultra-supercritical technology, also incorporates for benign operations Flue Gas Desulphuriser ("FGD") and Selective Catalytic Reconverter ("SCR") equipments, to minimize emissions and in compliance with futuristic norms announced by the Ministry of Environment and Forests and Climate Change ("MOEF&CC").

With the commissioning of this power plant, Adani Group has started a new chapter in cross-border export of electricity to the neighbouring country. Adani Power is proud to be a partner in the economic growth and prosperity of Bangladesh, empowering it with a reliable and competitive source of electricity to help it achieve its long-term development goals.

Shares of Adani Power Limited was last trading in BSE at Rs. 242.40 as compared to the previous close of Rs. 256.80. The total number of shares traded during the day was 1723545 in over 30836 trades.

The stock hit an intraday high of Rs. 256.65 and intraday low of 241.00. The net turnover during the day was Rs. 423904476.00.

Source : Equity Bulls

Keywords

AdaniPowerJharkhand INE814H01011 Unit2 800MW USTCPP ThermalPowerPlant CommercialOperations