Current Date: 21 Nov, 2024

Adani Power to Invest ₹18,000 Crore to Triple Kawai Plant Capacity

Adani Power is set to undertake a major expansion at its Kawai thermal power plant in Rajasthan, investing up to ₹18,000 crore to increase its capacity from 1,320 MW to a staggering 4,520 MW. This ambitious project will be executed in two phases, each adding 1,600 MW to the plant’s output.

The expansion aligns with Adani Power’s broader strategy to double its thermal power capacity across India. The company has awarded a ₹10,000 crore contract to Bharat Heavy Electricals (BHEL) for the execution of the expansion plan, demonstrating its commitment to scaling up its operations significantly.

To support this growth, Adani Power has secured long-and-medium-term domestic fuel tie-ups and new power purchase agreements for 6,400 MW, ensuring a stable fuel supply from pre-assigned mines and commercial mining licenses. This strategic approach aims to enhance fuel availability and manage costs effectively.

In addition to the Kawai expansion, Adani Power has identified a development pipeline of 11.2 GW. This includes three major projects: the brownfield expansions at Raipur and Raigarh in Chhattisgarh, costing nearly ₹10,000 crore, and a greenfield project at Mirzapur in Uttar Pradesh, being developed by its subsidiary, Mirzapur Thermal Energy (UP).

This significant investment underscores Adani Power’s aggressive growth strategy and its pivotal role in meeting India’s rising energy demands, while also positioning itself at the forefront of the country’s energy sector expansion.

News by Rahul Yelligetti

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Source : Projxnews