Synopsis :
Adani Power Ltd in focus after receiving government approval to commence operations at its Dhirauli Coal Mine in Singrauli, Madhya Pradesh, boosting its long-term fuel security and operational stability.
The Adani Group’s stock is drawing attention after its subsidiary has received approval from the Ministry of Coal to commence operations at the Dhirauli Coal Mine in Singrauli, Madhya Pradesh.
With the market capitalization of Rs. 2,33,614.79 crore, the shares of Adani Power Ltd trading at Rs. 606.15, down by 0.36 percent from its previous day’s close price of Rs. 608.35 per equity share, and it has reached an intraday high of Rs. 616.
What’s the News?
Adani Power Ltd has received approval from the Ministry of Coal to start operations at the Dhirauli Mine in Singrauli, Madhya Pradesh. The mine, owned by its subsidiary Mahan Energen Ltd., has a maximum production capacity of 6.5 MTPA (5 MTPA from open cast mining) and net geological reserves of 558 MMT, ensuring long-term fuel security and operational stability. As part of its responsible mining practices, the company may wash and process coal on-site to reduce impurities and emissions.
Also Read: Mining stock jumps 8% after company reports 17% YoY production growth in August
Management View
Adani Power’s CEO, SB Khyalia, explained the Dhirauli mine’s commencement as a important stage toward self-sufficiency and sustainable growth, allowing for lower input costs and competitively priced power through backward integration.
This is Adani Power’s first captive mine to receive government approval, with a peak open-cast capacity planned for FY27 and underground mining beginning nine years later. The 30-year lease will meet merchant power requirements and provide coal to the nearby 1,200 MW Mahan plant, which is being expanded by 3,200 MW.
About the Company & Others
Adani Power Ltd., part of the Adani Group, is India’s largest private thermal power producer with an installed capacity of 18,110 MW across twelve thermal plants in multiple states and a 40 MW solar plant in Gujarat.
Backed by a skilled team, the company leverages technology and innovation to drive growth, support India’s transition to a power-surplus nation, and deliver reliable, affordable electricity.
The company reported Q1FY26 revenue of Rs. 14,109 crore, down 5.7 percent YoY from Rs. 14,956 crore and slightly down 0.9 percent QoQ from Rs. 14,237 crore. Net profit came in at Rs. 3,305 crore, declining 15.5 percent YoY from Rs. 3,913 crore but improving 27.2 percent QoQ from Rs. 2,599 crore, indicating sequential margin recovery despite lower year-on-year performance.
Written by Akshay Sanghavi
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
