Adani Power CROIC

What does Adani Power do? Adani Power Ltd. generates revenue primarily through long-term power purchase agreements and merchant sales of electricity in India. The company operates thermal power plants with a total capacity of 12,450 MW, including 12,410 MW of thermal and 40 MW solar capacity. Key subsidiaries like Adani Power (Mundra) Limited, Adani Power Maharashtra Limited, and Adani Power Rajasthan operate plants at Mundra, Tiroda, and Kawai, respectively. Customers include government entities and industrial consumers under long-term contracts. The company focuses on power generation and coal trading, leveraging its 9,240 MW thermal capacity built through subsidiaries. Plants such as APMuL at Mundra (4,620 MW), APML at Tiroda (3,300 MW), and APRL at Kawai (1,320 MW) form the core of its operations. Additional capacity from UPCL at Udupi (1,200 MW), REL at Raipur (1,370 MW), and REGL at Raigarh (600 MW) supports its merchant sales segment. Adani Power Ltd. serves industrial and public sector clients through its subsidiaries, with a focus on stable long-term agreements. The firm’s revenue streams are tied to electricity generation from thermal plants and coal trading activities, supported by its extensive infrastructure across Gujarat, Maharashtra, and Rajasthan. Adani Power is one of the most popular companies on Eulerpool.