Adani Power Limited — Important, 28-10-2024: Financial Result Updates

Adani Power Limited reported robust financial results for Q2 FY25, with total revenue rising 10.8% y-o-y to ₹13,465 crore and EBITDA increasing by 24.6% to ₹5,402 crore. The company approved an amalgamation scheme for Adani Power (Jharkhand) Limited and acquired Lanco Amarkantak Power Limited and Coastal Energen Private Limited through insolvency resolution processes. Adani Power achieved an effective installed capacity of 17,550 MW, bolstered by power supply agreements and operational enhancements across its plants.