Article: India: Adani Power to expand capacity at Tiroda to 3300 MW.

Byline: shiv03

Adani Power Ltd (APL) announced that it would expand capacity at the under-construction thermal power project in Tiroda, Maharashtra, to 3,300 MW.

The initial plan was to produce 1,980 MW. The change envisages a total investment of nearly Rs 14,000 crore.

The company had collected Rs 3,016.52 crore via the capital market in July-August. The investment made until September 30 was Rs 1,667.86 crore, temporary investments in interest-bearing liquid instruments were Rs 1,216.11 crore and bank balance was at Rs 132.55 crore, according to unaudited results for the last three and six months.

The Tiroda plant is the first ...

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