Adani Power to Invest Rs 180 Billion to Triple Kawai Plant Capacity

06 Sep 2024 CW Team

Adani Power, India's largest private thermal power producer, plans to significantly expand the capacity of its Kawai power plant in Rajasthan, investing up to Rs 180 billion. Sources familiar with the matter revealed that the current capacity of the Kawai plant, which stands at 1,320 MW, will be increased in two phases of 1,600 MW each, ultimately reaching 4,520 MW over the next few years. Located in the Atru Tehsil of Baran district, the Kawai plant has already been allocated ?10,000 crore worth of work to Bharat Heavy Electricals Ltd for this expansion.

Despite attempts to contact Adani Power for a comment, there was no response. This expansion aligns with the company's broader strategy of setting up new plants and expanding existing ones across the country while exploring acquisition opportunities. An official knowledgeable about the plans indicated that Adani Power aims to enhance its thermal power capacity through both organic and inorganic growth, with a goal to double its current 15 GW capacity to around 31 GW.

To support these plans, Adani Power has secured extensive domestic fuel agreements through long- and medium-term contracts, as detailed in an analyst presentation. The company has acquired new power purchase agreement bids for 6,400 MW linked to pre-assigned state mines and is enhancing fuel availability and cost control with commercial mining licenses in favorable locations. The company has also identified a development pipeline of 11.2 GW, including three major projects: two brownfield expansions in Raipur and Raigarh, Chhattisgarh, costing nearly ?10,000 crore, and a greenfield facility in Mirzapur, UP, being developed by its subsidiary, Mirzapur Thermal Energy (UP).

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..