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The announcement was made before market hours today, 8 November 2017.
Meanwhile, the S&P BSE Sensex was up 69.42 points or 0.21% at 33,440.18.
On the BSE, 5.7 lakh shares were traded on the counter so far as against the average daily volumes of 12.17 lakh shares in the past one quarter. The stock had hit a high of Rs 35.10 and a low of Rs 33.95 so far during the day. The stock had hit a 52-week high of Rs 46.30 on 11 April 2017 and a 52-week low of Rs 23.35 on 9 November 2016.
The large-cap company has equity capital of Rs 3856.94 crore. Face value per share is Rs 10.
Adani Power announced that the power purchase agreement has been signed for net capacity of 1,496 megawatts (MW) with Bangladesh Power Development Board for 25 years.
The power supply under the PPA will be made from a new 1,600 MW ultra supercritical, coal based power plant to be set up by Adani Power (Jharkhand) at Godda, Jharkhand.
The company announces Q2 results on 11 November 2017. Adani Power reported consolidated net loss of Rs 453.85 crore in Q1 June 2017, higher than net loss of Rs 232.63 crore in Q1 June 2016. Net sales rose 3.8% to Rs 5590.19 crore in Q1 June 2017 over Q1 June 2016.
Adani Power is a leading private power producer in India.
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