Company History - Adani Power

Company History - Adani Power
The Company was incorporated as Adani Power Limited on August 22, 1996 and received a certificate of commencement of business on September 4, 1996. The Company became a private limited company on June 3, 2002 and the name of the Company was subsequently changed to Adani Power Private Limited. The RoC issued a fresh certificate of incorporation on June 3, 2002. The Company was, thereafter, converted into a public limited company on April 12, 2007 and the name of the Company was changed to Adani Power Limited. Further, upon ceasing to be a private limited company, the word private was deleted through a special resolution at the EGM of the Company held on March 28, 2007. The fresh certificate of incorporation consequent to change of our name was granted by the RoC to our Company on April 12, 2007. The Company was originally incorporated by Mr. Gautam S. Adani and Mr. Rajesh S. Adani, together with their relatives. In 2004, pursuant to internal restructuring amongst the Promoters, the entire shareholding of the Company was transferred to Mundra Port and Special Economic Zone Limited (MPSEZL). Subsequently, on May 29, 2006, MPSEZL transferred its entire shareholding in the Company to Adani Enterprises Limited. Key Milestones The table below sets forth some of the key events and milestones in the history of our Company: Date August 22, 1996 September 20, 2006 closure) with Lenders Project December 8, 2006 Phase I Power Project, Coal supply agreement with AEL for Mundra which was extended to Mundra Phase II Power Project through amendment agreement dated August 10, 2007 Details Incorporation of the Company Execution of Loan agreement (financial of Mundra Phase I Power
February 2, 2007 MW February 6, 2007 MW June 27, 2007 for Mundra Phase I and II
Execution of PPA with GUVNL for 1,000 Execution of PPA with GUVNL for 1,000 Execution of subordinate loan agreement Power Project
July 25, 2007 Execution of Loan agreement (financial closure) with Lenders of Mundra Phase II Power Project September 28, 2007 Execution of Investment Agreement with 3i Power Investment A1 Limited November 6, 2007 Allocation of Lohara West and Lohara Extension (E) Coal mining blocks for Tiroda Power Project January 15, 2008 Execution of Shareholder Agreement with Millennium Developers Private Limited for investment in Tiroda Project February 1, 2008 Agreement to Lease for 204.28 ha signed with Maharashtra Industrial Development Corporation for Tiroda Project March 24, 2008 March 24, 2008 Phase III Power Project PPA with AEL for 221 MW Coal supply agreement with AEL for Mundra
March 27, 2008 Execution of loan agreement (financial closure) for Mundra Phase III Power Project March 27, 2008 Execution of subordinate loan agreement for Mundra Phase III Power Project March 28, 2008 Execution of foreign currency loan agreement for Mundra Phase III Power Project April 15, 2008 Coal supply agreement with AEL for Mundra Phase IV Power Project, which was amended on April 13, 2009 August 7, 2008 August 7, 2008 September 8, 2008 PPA with UHBVNL for 712 MW PPA with DHBVNL for 712 MW PPA with MSEDCL for 1,320 MW
November 24, 2008 January 8, 2009
Investment Agreement with Ventura Power Co-developer agreement with MPSEZL
January 30, 2009 Execution of loan agreement (financial closure) for Tiroda Power Project - Phase I March 25, 2009 Project - Phase I March 27, 2009 Fund May 23, 2009 Power Project Boiler light-up of unit I of Mundra Power Share subscription agreement with Somerset Synchronization of unit I on Mundra Phase I
June 24, 2009 Execution of loan agreement (financial closure) for Mundra Phase IV Power Project June 24, 2009 Execution of subordinate loan agreement for Mundra Phase IV Power Project. 2010 - Adani Power Ltd has appointed Mr. R. K. Madan as an Additional Director in the category of Non Executive-Non Independent Director w.e.f. March 20, 2010 by the Board of Directors of the Company.
Company Background - Adani Power Industry Name House Name Collaborative Country Name Joint Sector Name Year Of Incorporation Year Of Commercial Production Power - Generation/Distribution Adani Group N.A. N.A. 1996 N.A.
Regd. Office Address District State Pin Code Tel. No. Fax No. Email : [email protected] "Shikhar",, Near Adani House, Ahmedabad Gujarat 380009 079-26565555,079-25555796 079-26565500 Internet : http://www.adanipower.com
Auditors Deloitte Haskins & Sells Registrars Name Karvy Computershare Private Ltd. Address Plot No.17-24, Vittalrao Nagar, Madhapur, Hyderabad - 500081, Andhra Pradesh Tel. No. : 040-23420815, 23420816, 23420817, 23420818 Email : [email protected]
Company Status N.A.
Fax No. : 040-23420814 Internet : http://www.karvy.com
Management - Adani Power

Name Gautam S Adani Ravi Sharma Vijay Ranchan Name Rajesh S Adani B B Tandon Chinubhai R Shah Designation Chairman / Chair Person Whole Time Director Director Designation Managing Director Director Director

Company History - Adani Power

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Company History - Adani Power

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Company History - Adani Power

November 24, 2008 January 8, 2009

Investment Agreement with Ventura Power Co-developer agreement with MPSEZL

Company Status N.A.

Fax No. : 040-23420814 Internet : http://www.karvy.com

Management - Adani Power

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