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Adani Power scales up thermal capacity
Financial Express Mumbai
|January 06, 2026
THE FIRM PLANS TO INVEST %2 LAKH CRORE IN CAPEX BY FY32
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ADANI POWER HAS emerged as India’s largest private-sector thermal power producer, with installed capacity of 18.1GW.Of this, 10.8GW has been developed organically, while 7.3GW has been added through acquisitions. The company has set out an ambitious expansion plan, targeting total installed capacity of 41.9GW by FY32, underpinned by a track record of timely project execution. The Adani Group company has previously demonstrated its ability to deliver large-scale projects on compressed timelines, most notably synchronising 4,620MW at its Mundra power plant in Gujarat within 36 months. It has also sought to mitigate supply-chain risks through early procurement of critical equipment, a strategy that has gained relevance amid tightening global manufacturing capacity.
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