Adani incorporates new power company in UAE, will invest in power, infra & related fields

Adani Power has incorporated a new subsidiary, Adani Power Middle East Ltd, in Abu Dhabi to invest in power and infrastructure sectors. The new subsidiary, entirely owned by Adani Power, has an authorized capital of USD 27,000. Adani Power continues expanding its power projects, recently signing a significant contract with BHEL for supercritical thermal power projects.