Adani Power targets 41.87 GW capacity by FY32
pre-market1 source ↓written by the desknot a recommendation
- capacity by FY32
- 41.87 GW
- capital expenditure
- ₹2 lakh crore
- by FY30
- 30.67 GW
- the company operates
- 18.15 GW
- pipeline secured
- 23.72 GW
Adani Power announced an ambitious expansion plan, targeting 41.87 GW capacity by FY32 with a ₹2 lakh crore capital expenditure. This marks a significant increase from the previous target of 30.67 GW by FY30. Currently, the company operates 18.15 GW and has an additional 23.72 GW pipeline secured.
This aggressive expansion positions Adani Power to benefit from India's rising electricity demand, potentially enhancing its market share in the thermal power sector.
Not investment advice. For informational purposes only.