News

Power Utility

Staff Reporter

, India

Published:

13 years ago

Adani Power to raise capacity to 2000MW in India

Adani Power is looking for acquisition of coal mines and power plants abroad.

Speaking on the sidelines of the World Economic Forum's India summit in New Delhi, Chief Executive Ravi Sharma declined further detail but said Adani Power would raise its power generation capacity in India to 2,000 megawatts by December, from 990 megawatts now.

He added that the company hoped to have 16,000 megawatts of power generation capacity by 2014.
The power sector is growing rapidly in India, which aims to halve its peak-hour power deficit of nearly 14 percent within two years.

You could read the full story at reuters.com

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