New Delhi, Feb. 3 -- Adani Power Ltd (APL), India's second-largest thermal power generation company after NTPC, is set to increase its power generation capacity significantly.
According to a report by Jefferies, APL plans to raise its capacity by 1.7 times, from 17.6 GW to 30.7 GW by 2030.
It said "Adani Power (APL) is India's second-largest thermal power generation company after NTPC, on its journey to raise capacity by 1.7x from 17.6 GW to 30.7 GW by 2030".
The report highlighted that APL has land and financing in place for this expansion. The company is closely working with BHEL for the delivery of equipment, while its in-house engineering, procurement, and construction (EPC) team ensures that capital expenditure is progressing as s...
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