Adani Power Limited is engaged in power generation and setting up of power projects.

As of March 31, 2011, the Company together with its subsidiaries has nine power projects with a combined installed capacity of 16,500 megawatts, out of which 1,980 megawatts has been commissioned, 7260 megawatts is under implementation and 7260 megawatts is at the planning stage. The Mundra Phase I and II Power Project will have four coal-fired, sub-critical generation units of 330 megawatts each, with combined capacity of 1,320 megawatts. Mundra Phase III Power Project will have two coal-fired, super-critical generation units of 660 megawatts each, with combined capacity of 1,320 megawatts. Mundra Phase IV Power Project will have three coal fired, super-critical generation units of 660 megawatts each, with combined capacity of 1,980 megawatts.

COMPANY HISTORY
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.

he company was founded by the Adani group chairman billionaire Gautam Adani. It was incorporated as Adani Power Limited on 22 August 1996 and received a certificate of commencement of business on 4 September 1996. The Company became a private limited company on 3 June 2002 and the name of the Company was subsequently changed to Adani Power Private Limited. The RoC issued a fresh certificate of incorporation on 3 June 2002. The Company was, thereafter, converted into a public limited company on 12 April 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 28 March 2007. The fresh certificate of incorporation consequent to change of the name was granted by the RoC to the Company on 12 April 2007. Adani power was started as a power trading company 1996. It started generation in July 2009 by implementation of its first 330MW of 4620mw at Mundra. The Mundra super mega project is the largest coal based power project of India and fifth largest in the world. The company commissioned another three 330 MW by November 2010 and country's 1st supercritical unit of 660 MW on 22 December 2010, making its capacity 1980 MW.0n 6 june 2011 it synchronized its second unit of 660 MW bringing the total generating capacity to 2640 MW and on 2nd October, 2011, it synchronized its third super critical unit with national grid .With this,Adani power has become largest thermal power generating company in the private sector and the Mundra plant has become India's Largest Power plant with capacity 3300MW. In February 2012, it commissioned the last unit of Mundra Project to take its capacity to 4620MW which makes the Mundra TPP to be the largest privately held Thermal power plant of World and fifth largest on an overall basis(As per March,2012).

Company promoters
Our Promoters are as follows:
1. Mr. Gautam S. Adani 2. Mr. Rajesh S. Adani 3. Adani Enterprises Limited

Our Individual Promoters

Mr. Gautam S. Adani is the non-executive Chairman of our Company. He is a resident Indian national. For further details, see the section titled Our Management on page 143 of this Draft Red Herring Prospectus. His driving license number is GJ01/805843/01and his voter identification number LPZ4089314.

Mr. Rajesh S. Adani is the Managing Director of our Company. He is a resident Indian national. For further details, see the section titled Our Management on page 143 of this Draft Red Herring Prospectus. His driving license number is 01-404400-00 and his voter identification number is LBR6827703.
Our Company undertakes that the details of the PAN, Bank Account Numbers, and Passport Numbers of our Promoters will be submitted to the stock exchanges at the time of filing the Draft Red Herring Prospectus with the Stock Exchanges. For more details of Mr. Gautam S. Adani and Mr. Rajesh S. Adani, please see the section titled Our Management Board of Directors on page 143 of this Draft Red Herring Prospectus.

company milestone:
August 22, 1996 Incorporation of the Company September 20, 2006 Execution of Loan agreement (financial

closure) with Lenders of Mundra Phase I Power Project December 8, 2006 Coal supply agreement with AEL for Mundra Phase I Power Project, which was extended to Mundra Phase II Power Project through amendment agreement dated August 10, 2007 February 2, 2007 Execution of PPA with GUVNL for 1,000 MW February 6, 2007 Execution of PPA with GUVNL for 1,000 MW March 24, 2008 Coal supply agreement with AEL for Mundra Phase III Power Project

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

 August 7, 2008 PPA with UHBVNL for 712 MW

August 7, 2008 PPA with DHBVNL for 712 MW September 8, 2008 PPA with MSEDCL for 1,320 MW

November 24, 2008 Investment Agreement with

Ventura Power January 8, 2009 -Co-developer agreement with MPSEZL January 30, 2009 -Execution of loan agreement (financial closure) for Tiroda Power Project Phase I

VISION AND MISSION

Vision To be the leader in integrated power business in India with substantial global presence. Mission To assimilate knowledge, develop capabilities and manage collective enterprise to profitably tap global commercial opportunities and advantages for the benefit of stakeholders and society.