Adani Power Expands to UAE with New Subsidiary, Eyes Investment in Power and Infrastructure

Adani Power Limited has set up a new company called Adani Power Middle East Ltd. in Abu Dhabi, UAE, as a fully-owned subsidiary. The announcement was made on August 27. This new company will focus on investments in power, infrastructure, and related fields. The company has an authorized share capital of $27,000, with each share priced at $1, all of which are owned by Adani Power Limited.

Adani Power is India’s largest private thermal power producer, with a power generation capacity of 15,250 MW. The company operates several thermal power plants across India, including in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand, and also runs a 40 MW solar power project in Gujarat.

Adani Power is expanding its presence in the thermal power industry both in India and abroad, with a focus on strengthening its infrastructure and technology.

The company is also known for being the first in the world to establish a coal-based Supercritical thermal power project registered under the Clean Development Mechanism (CDM) of the Kyoto Protocol.

Recently, Adani Power, along with its subsidiary Mahan Energen Limited, signed an ₹11,000 crore contract with Bharat Heavy Electrical Limited (BHEL) on August 25. This deal involves the development of three advanced Supercritical thermal power projects, each with a capacity of 2×800 MW. These projects will be located in Kawai (Phase-II and Phase-III) in Rajasthan and Mahan (Phase-III) in Madhya Pradesh.