Strength with Resilience
Thermal power is yet again in the spotlight as the backbone of India’s energy strategy, given its criticality for providing base load and peak power supply and balancing the grid. The nation requires an additional 80+ GW of thermal power by FY 2031-32 to ensure reliable, uninterrupted power. And this must be done fast and decisively.
While the public sector undertakings play their part, it is private leaders like ourselves who are stepping up to bridge the energy gap.
At Adani Power, we are taking a leadership role, planning to commit one of the largest capex investments to support India’s growing power needs and economic ambitions. Alongside this, we are redefining what is possible to build a high-performance energy ecosystem – one that is smarter, more efficient and resilient. We continue to strengthen our operational muscle, pushing the limits of efficiency through our sector-leading fuel sourcing and logistics capabilities, remunerative long-term PPAs, and robust liquidity. With proactive risk management – across operations, project execution, and finance – we have reinforced our ability to navigate likely disruptions, while delivering steady performance and advancing strategic objectives.
At Adani Power, we are using our strengths to shape India’s energy future – delivering reliable, cost-effective and sustainable power for all, and our resilience to surmount any challenge on the way. Our efforts will power not just households and businesses, but also the aspirations of 1.4 billion Indians and drive forward the nation’s progress and prospects.
We are not just expanding – we are set to make history. We added 2,300 MW capacity in FY 2024-25 through acquisition, reviving stressed assets with our expertise to ensure they sustain uninterrupted power supplies. We will add another 13,120 MW capacity by FY 2030-31, targeting ~15% of India’s incremental thermal power capacity requirements. Together, this will take our operational capacity to 30,670 MW, critical for meeting growing power demand and grid stabilisation for greater renewable integration.
We aim to redefine execution benchmarks, targeting to complete the projects faster than industry standards in a record timeframe for the nation. Our strategic pre-ordering of critical equipment at competitive prices, coupled with in-house project management and logistics and fuel advantage, positions us for agile execution with the lowest Capex and Opex.
Adding capacity is one thing – adding it with financial discipline is what will set us apart. We will fund our expansion primarily using internal accruals, reducing dependence on debt, cutting interest outflows and maintaining financial agility. This disciplined approach not just strengthens our balance sheet, but it also provides greater bandwidth to capitalise on emerging opportunities.
Scale without responsibility is unsustainable. That is why, 95% of all our upcoming capacities are being based on ultra-supercritical/ supercritical technologies, which are highly efficient and have low GHG emission intensity.
