Adani Power incorporates, Adani Power Middle East to invest in power, infra and related fields

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New Delhi [India], August 27 (ANI): Adani Power Limited incorporated a wholly-owned subsidiary, Adani Power Middle East Ltd. on Monday in Abu Dhabi, United Arab Emirates, the company informed the exchanges...

The objective of the subsidiary will be to invest in power, infrastructure, and related fields, the company added in the exchange filing...

The authorised capital of Adani Power Middle East is USD 27,000 shares of USD 1 each, as per the statement...

The company claims to be the worlds first company to set up a coal-based Supercritical thermal power project registered under the Clean Development Mechanism (CDM) of the Kyoto Protocol...

Adani Power Limited (APL) and its subsidiary Mahan Energen Limited (MEL) have recently signed a contract with Bharat Heavy Electrical Limited (BHEL) of Rs 11,000 crore, where BHEL will develop three supercritical thermal power projects for the company..