Adani Power Limited
Adani Power Limited is the power business subsidiary of Indian conglomerate Adani Group with head office at Ahmedabad, Gujarat. It is established in 1996. It is a largest private thermal power producer in India, with capacity of 12,450 MW. It also operates a mega solar plant of 40 MW at Naliya, Bitta, Kutch, Gujarat. It is India’s first company that synchronises the supercritical technology.
Adani Godda Power is implementing a 1,600 MW plant at Jharkhand. The company has signed long term power purchase agreements of about 9,153 MW with government of Gujarat, Maharashtra, Haryana, Rajasthan, Karnataka and Punjab. Vision of Adani Power is to be a world class leader in businesses that enrich lives and contribute to nations in building infrastructure through sustainable value creation.
CSR Focus will be taken up in following core sectors: Primary Education, Primary Health Care Sustainable Livelihood Developments, Rural Infrastructure Development, Rural Sports and Sports Training.
They believe that growth is best driven by sustainable footprints. APL is diligently follow responsible Environmental, Social and Governance (ESG) principles and have implemented effective corporate governance, robust risk management and stringent safety measures across their operations. Receiving a percentile score of 65 for Adani Power Limited in Corporate Sustainability Assessment by DJSI-S&P Global and a leading position in India
Covid-19 Response
The Adani Foundation was converted the Adani Vidya Mandir school into an emergency COVID Care Centre with oxygen support and catered food, equipped with doctors, nurses, paramedics and support staff, this first-responder care facility is housing infected and moderately ill COVID patients. The Adani Foundation has upgraded and converted GAIMS into a 100% COVID hospital with all its 800 beds equipped with oxygen support and four oxygen plants were built in a short span in addition to liquid oxygen supplies. The Adani Foundation donates INR 114 Crores to central and state governments of India
Their shareholding pattern consists of Promoters and Promoter Group having 74.97% of shares, Public having 7.96% shares, following by FII’s having 11.51% shares and DII’s with 5.56% shares.