$ADANIPOWER

$ADANIPOWER 1. Company Details Adani Power is one of India's largest private-sector thermal power generation companies and is part of the Adani Group. The company's core business is generation and sale of electricity, primarily through thermal power plants. It has a diversified generation portfolio across several states. Key business points Sector: Power / Utilities Business: Thermal power generation NSE Symbol: ADANIPOWER BSE Code: 533096 Installed capacity: approximately 18.3 GW The company sells electricity through a combination of long-term PPAs, medium-term contracts and merchant/short-term markets. Its business is directly linked to India's growing electricity demand. The company's capacity expansion and acquisitions are important for future earnings growth. Why the business is interesting India's electricity requirement is increasing because of: Industrialisation Infrastructure development Data centres Manufacturing growth Rising cooling/air-conditioning demand Electrification Overall economic growth Therefore, the long-term demand environment for power generation remains favourable.