Adani Power Limited has established a new subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, as announced on August 27. The new company will focus on investing in the power sector, infrastructure, and related areas. Adani Power Middle East Ltd. has a registered share capital of $27,000, with each share priced at $1, and is fully owned by Adani Power Limited.

Adani Power Limited, known for being India's largest private thermal power producer, operates a total power generation capacity of 15,250 MW. Its operations span thermal power plants across Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand, in addition to a 40 MW solar power project in Gujarat.

The company is committed to expanding its reach in the thermal power sector, both domestically and internationally. It is also known for its pioneering efforts in establishing a coal-based Supercritical thermal power project registered under the Clean Development Mechanism (CDM) of the Kyoto Protocol.

In a recent development, Adani Power Limited and its subsidiary, Mahan Energen Limited (MEL), secured an Rs 11,000 crore contract with Bharat Heavy Electrical Limited (BHEL) on August 25. This agreement involves the development of three supercritical thermal power projects.

The contract covers the supply of essential equipment and oversight of the erection and commissioning processes for the three projects. Each project will feature a capacity of 2x800 MW and will use advanced Supercritical Technology. The projects are set to be developed at Kawai Phase-II and Kawai Phase-III in Rajasthan, and Mahan Phase-III in Madhya Pradesh.

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