On August 27, Adani Power Limited announced the establishment of a new, wholly-owned subsidiary, Adani Power Middle East Ltd., based in Abu Dhabi, United Arab Emirates. This newly formed entity will focus on investments in the power sector, infrastructure, and related fields. Adani Power Middle East Ltd. has been granted an authorized share capital of $27,000, with each share valued at $1.
Adani Power Limited holds complete ownership of this new subsidiary, controlling 100% of its shares. Adani Power Limited, recognized as India’s largest private thermal power producer, boasts a substantial power generation capacity of 15,250 MW. The company operates a range of thermal power plants across several Indian states, including Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand.
Additionally, the company manages a 40 MW solar power project in Gujarat. The company is committed to broadening its presence in the thermal power industry, both domestically and internationally, through strategic initiatives aimed at enhancing its infrastructure and technological capabilities.
Notably, the company has distinguished itself as the first organization globally to establish a coal-based Supercritical thermal power project that has been registered under the Clean Development Mechanism (CDM) of the Kyoto Protocol. In a recent development, Adani Power Limited and its subsidiary, Mahan Energen Limited (MEL), finalized a significant contract valued at Rs 11,000 crore with Bharat Heavy Electrical Limited (BHEL) on August 25.
This agreement involves the execution of three supercritical thermal power projects, encompassing the supply of crucial equipment as well as overseeing the erection and commissioning processes for these major projects. Each of the three projects will feature a capacity of 2×800 MW and will employ advanced Supercritical Technology. The designated sites for these projects include Kawai Phase-II and Kawai Phase-III in Rajasthan, along with Mahan Phase-III in Madhya Pradesh.
Through these endeavors, the company continues to strengthen its footprint in the power sector, demonstrating its commitment to both innovation and expansion. Adani Power Limited, India’s largest private thermal power producer, operates a diverse portfolio of thermal and solar power projects with a total capacity of 15,250 MW. With plants across several Indian states and a notable presence in global markets, the company focuses on expanding its infrastructure and technological capabilities in the energy sector.
