- Adani Power is India's largest private power producer with over 10,000 MW of capacity, and largest solar power producer with 688 MW. - It operates thermal power plants in Mundra, Gujarat and Tiroda, Maharashtra totaling 5,320 MW and a 40 MW solar plant. - However, the company has faced significant financial losses in recent years as revenues declined and costs such as coal prices rose, and it is still working to recover from past losses.

2. The company is India’s largest private power producer with capacity of 10,440
Megawatt (MW). It is also the largest solar power producer of India with a capacity of
688 Megawatt (MW).
The company was ranked as the 73th largest corporation in India in Fortune India 500
list of 2018.
Adani power plant is the only thermal power plant to be certified by UN under CDM.
The company is currently operating five boilers of 660 Megawatt (MW) each at
Mundra, Gujarat and five 660 Megawatt (MW) at Tiroda , Maharashtra.
The company also runs a mega solar plant 40 Megawatt (MW) at Gujarat, Kutch, Bitta,
Naliya.
The company has implemented 16,500 Megawatt (MW) at different stages of
construction. It has set the target up to 20,000 Megawatt (MW) by 2020.
INTRODUCTION

3.  The first and foremost reason behind success of Adani Group is the use of renewable resources for
the production of electricity. Renewable resources are always in demand.
 It is the largest private power producer in India. The company hold a recognizable identity.
 Initially the company was giving low tariff for the goods.
 It has better infrastructure backed with huge assets.
 It is the world’s best single location coal based private power plant.
 It has introduced supercritical technology in India which can operate in higher temperatures and
pressures and therefore achieving higher efficiencies.
 The company has offered good employment opportunities in past years.
 The company is first ever one of it’s kind.

4. Adani Power per share cost is 41.45 INR and the shares railed by 1.22%
which is not a very beneficial upgrade. Earlier the price per share was more
than 100.
Adani Power shares upgraded to 5% of it’s value after the central
Electricity Regulatory Commission (CERC) approved higher tariff on 2000
Megawatt (MW) at Mundra unit on April 12.
The shares of Adani Power fells 4.5% after CLSA retained sell call on the
stock in the morning trade on April 15 despite the power regulator allowed
higher tariff for Mundra unit.

5. The revenue declined to 3959 crore in the first quarter of 2018-19 against 5601 crore
in the year ago period, which is quite high. So the net loss doubles to 825 crore.
The major promoters of the company backed off which caused huge losses to the
company in past years.
Adani power suffered a major drop when Government of India raised the coal prices
, as the coal is used for power generation.
They missed the major Government tenders and as well as renewal of existing
contracts.

6. The company offered employment vacancies and was in high demand initially.
Gradually the share prices crashed which caused major losses to the company. Per share
cost of Adani power is 41.45 presently and 1.22% high. The company shares are not
showing any considerable growth. The company is compensating its previous losses.
Instead of a profit number the company reporting whooping thousand crore losses in
quarterly results.
The assets of the company are depreciated .The assets of the company are loosing its
value over time. There are low government contracts for the company and no more job
vacancies. The demand of electricity is growing continuously but the company is unable
to tap this demand and convert it into profitability and also due to the low prices of
electricity in many states of our county are the reasons why Adani Power is still
recovering from past losses.
It is not a good idea to invest in Adani Power for now as the company is not showing
good magnitude of growth. One should wait until for a proper revival of power sector.