ADANI POWER Share price

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 freshcertificate 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.Key MilestonesThe table below sets forth some of the key events and milestones in the history of our Company:Date DetailsAugust 22 1996 Incorporation of the CompanySeptember 20 2006 Execution of Loan agreement (financial closure) with Lenders of Mundra Phase I Power ProjectDecember 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 1000 MWFebruary 6 2007 Execution of PPA with GUVNL for 1000 MWJune 27 2007 Execution of subordinate loan agreement for Mundra Phase I and II Power ProjectJuly 25 2007 Execution of Loan agreement (financial closure) with Lenders of Mundra Phase II Power ProjectSeptember 28 2007 Execution of Investment Agreement with 3i Power Investment A1 LimitedNovember 6 2007 Allocation of Lohara West and Lohara Extension (E) Coal mining blocks for Tiroda Power ProjectJanuary 15 2008 Execution of Shareholder Agreement with Millennium Developers Private Limited for investment in Tiroda ProjectFebruary 1 2008 Agreement to Lease for 204.28 ha signed with Maharashtra Industrial Development Corporation for Tiroda ProjectMarch 24 2008 PPA with AEL for 221 MWMarch 24 2008 Coal supply agreement with AEL for Mundra Phase III Power ProjectMarch 27 2008 Execution of loan agreement (financial closure) for Mundra Phase III Power ProjectMarch 27 2008 Execution of subordinate loan agreement for Mundra Phase III Power ProjectMarch 28 2008 Execution of foreign currency loan agreement for Mundra Phase III Power ProjectApril 15 2008 Coal supply agreement with AEL for Mundra Phase IV Power Project which was amended on April 13 2009August 7 2008 PPA with UHBVNL for 712 MWAugust 7 2008 PPA with DHBVNL for 712 MWSeptember 8 2008 PPA with MSEDCL for 1320 MWNovember 24 2008 Investment Agreement with Ventura PowerJanuary 8 2009 Co-developer agreement with MPSEZLJanuary 30 2009 Execution of loan agreement (financial closure) for Tiroda Power Project - Phase IMarch 25 2009 Boiler light-up of unit I of Mundra Power Project - Phase IMarch 27 2009 Share subscription agreement with Somerset FundMay 23 2009 Synchronization of unit I on Mundra Phase I Power ProjectJune 24 2009 Execution of loan agreement (financial closure) for Mundra Phase IV Power ProjectJune 24 2009 Execution of subordinate loan agreement for Mundra Phase IV Power Project.