Thursday, 6 December 2012

Adani Group to import Australian coal from 2015

Adani Power Limited (APL) , promoted by Adani group, is engaged in developing an imported coal based power project with an aggregate capacity of 4,620 MW at Mundra in Gujarat. APL is a subsidiary of Adani Enterprises Limited.
APL has signed power purchase agreements with Gujarat Urja Vikas Nigam Ltd. (GUVNL) during 2007 for contracted capacity of 2,000 MW at levelised tariff of Rs. 2.62/unit based on competitive bidding process followed by GUVNL for long term procurement

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