Adani Power shines on getting LoA from Assam Power Distribution Company
Adani Power is currently trading at Rs. 154.65, up by 2.75 points or 1.81% from its previous closing of Rs. 151.90 on the BSE.
The scrip opened at Rs. 152.65 and has touched a high and low of Rs. 156.00 and Rs. 152.30 respectively. So far 722253 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 182.75 on 23-Sep-2025 and a 52 week low of Rs. 86.17 on 21-Nov-2024.
Last one week high and low of the scrip stood at Rs. 156.00 and Rs. 146.75 respectively. The current market cap of the company is Rs. 297273.57 crore.
The promoters holding in the company stood at 74.96%, while Institutions and Non-Institutions held 14.22% and 10.81% respectively.
Adani Power has received Letter of Award (LoA) from Assam Power Distribution Company (APDCL) for supply of power on a long-term basis, comprising the entire capacity of a 3,200 MW (4X800 MW) greenfield Ultra-supercritical thermal power plant to be developed in Assam on Design, Build, Finance, Own and Operate (DBFOO) model by sourcing fuel from the allocated coal linkage arranged by the Utility under the SHAKTI Policy. The project shall be commissioned in a phased manner starting December 2030 with full commissioning by December 2032.
Adani Power is engaged in the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.
