Adani Power Share Price Target 2022, 2023, 2024, 2025, and 2030

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Adani Power share price target 2022, 2023, 2024, 2025, and 2030: In this article, you will learn about Adani Power share price target 2022, 2023, 2024, 2025, and 2030, along with the fundamentals and financials of the company.

For every investor, it is important to know about the company in which they are investing, to get the confidence to hold the stock for the long term. To make it clear for you, in this article we have mentioned Adani Power share price target 2022, 2023, 2024, 2025, and 2030, along with the fundamentals of the company.

Adani Power: Company Profile

Adani Power Limited (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India. The company has a power generation capacity of 12,450 MW comprising thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, and Chhattisgarh and a 40 MW solar power project in Gujarat.

Adani Power was the world’s first company to set up a coal-based Supercritical thermal power project registered under the Clean Development Mechanism (CDM) of the Kyoto protocol. Being a new entrant to power generation in 2006, Adani Power leveraged the project management skills of the Adani Group to set up our first power plant at Mundra successfully and efficiently.

Share Holding Pattern

Adani power share price target

Consolidated Revenue

Adani Power share price target 2022, 2023, 2024, 2025, and 2030

Consolidated EBITDA

Adani Power share price target 2022, 2023, 2024, 2025, and 2030

Adani Power Share Price Target 2022

The International Energy Agency has projected that India’s electricity demand will treble between 2018 and 2040. The increase in consumption will be accompanied by a significant increase in baseload demand, which will need to be addressed through stable power supply sources like thermal energy.

The Indian government has undertaken significant reforms to improve the health of the country’s power sector. These have strengthened fuel linkages under the Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India (SHAKTI) and the Ujwal DISCOMS Assurance Yojana (UDAY) to catalyze the transformation of power distribution companies. The Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) for rural electrification and the Pradhan Mantri Har Ghar Sahaj Bijli Yojana (Saubhagya) will widen the consumption of electricity across the coming years.

Even as the Indian power sector has broadened its access to renewable energy, more than 60% of the country’s total installed capacity and 84% of the total generation is still thermal (including coal, lignite, and gas-based power plants). This indicates a continuing coexistence of conventional fuel sources alongside renewable options. Coal-fired (including lignite) thermal power plants accounted for 55% of India’s installed capacity by the close of the year under review.

Adani power is the biggest player in Thermal power and Thermal power plays a major role to reach the electricity needs of India. In the future electricity consumption will increase drastically which will drive the growth trajectory for power sector companies like Adani Power. As Thermal energy plays a major role and Adnai power is the biggest player in Thermal energy, Adani Power share price target for 2022 is Rs 288.

Adani Power share price target 2022
Rs 288

Also read: IRFC share price target 2022, 2025, and 2030.

Adani Power Share Price Target 2023

Adani Power acquired UPCL from Lanco Infratech Limited. The acquired company operates a 1,200 MW (2×600 MW) imported coal-based power project in Udupi district, Karnataka. The Company entered into a power purchase agreement with Power Company of Karnataka Ltd. UPCL was India’s first independent power project to consume 100% imported coal; the Company was awarded the Gold Shield for the early completion of the thermal power project Unit 1 from the Ministry of Power in FY 2010-11 and the prestigious Golden Peacock Environment Management Award in FY 2014-15.

Adani Power also completed the acquisition of GMR Chhattisgarh Energy Ltd. in FY 2019-20 following approval of the Company’s resolution plan (after which the name of the Company was changed to Raipur Energen Ltd.). REL owns and operates a 1,370 MW (2 x 685 MW) supercritical power plant at Raikheda (Raipur district, Chhattisgarh).

Adani Power also acquired Korba West Power Company Ltd. through the NCLT process under IBC in FY 2019-20. Following the acquisition, the Company was renamed Raigarh Energy Generation Ltd. The acquired company owns and operates a 600 MW thermal power plant in Raigarh district, Chhattisgarh. The Company enjoys a 2.572 MTPA long-term fuel supply arrangement with the subsidiaries of Coal India Ltd.

Adani Power is continuously acquiring new companies to speed up its sectorial inorganic growth. Adani Power share price target for 2023 is Rs 345.

Adani Power share price target 2023
Rs 345

Also read: IEX share price target 2022, 2025, and 2030.

Adani Power Share Price Target 2024

The consolidated total revenue of Adani Power for FY 2020-21 stood at Rs 28,149.68 Crores as against Rs 27,841.81 Crores for FY 2019-20 showing an increase of 1.11%. The consolidated revenue for FY 2020-21 incorporated a higher level of recognition of prior period revenue from operations and prior period other income, primarily on account of regulatory orders such as the APTEL order for compensation to APML for non-availability of coal due to cancellation of Lohara coal block.

Adani Power has sold 59.3 Billion units of electricity during FY 2020-21 as against 64 Billion units in FY 2019-20 from all the plants with Plant Load Factor (PLF) decreasing from 66.6% in the previous year to 58.9% in FY 2020-21.

growing at around 5% annually and reached 1208 kWh / person by FY 2019-20, which is low when compared to the global average of around 3316 kWh / person. With improving standards of living, increasing electrical and electronic appliance penetration even across rural areas, and emphasis by the Government to increase the share of the manufacturing sector in GDP growth, per capita consumption and overall power demand, are likely to grow significantly. By considering the growth opportunities that power sector companies will have in the future, Adani power share price target for 2024 is Rs 390.

Adani Power share price target 2024
Rs 390

Also read: Reliance Power share price target 2022, 2023, 2024, 2025, and 2030.

Adani Power Share Price Target 2025

Universal, affordable, and uninterrupted power supply have been the guiding principles of India’s electricity policy. As the third-largest global power producer with a combined installed capacity of 382 GW, India still has a long way to go to achieve economic progress and electricity consumption comparable to major economies in the region, if not developed nations. India’s installed capacity has grown at compounded annual growth rate (CAGR) of 8.27% since 2010.

India’s power generating capacity is based on conventional thermal sources like coal and gas in addition to hydropower, with a rapidly growing proportion of renewable energy. Thermal power represents most of the power generated in India. Coal-fired power plants act as baseload power generators and enjoy high energy security due to India’s large coal reserves, in addition to competitive generation costs. The growth in coal-fired power generation was responsible for making affordable and reliable electricity available across the nation.

With sustained economic growth and industrialization over the past decade, India’s electricity demand grew rapidly, with peak demand growing at a CAGR of 4.5% and energy demand growing at a CAGR of 4.5% till FY 2019-20. The Indian energy sector has a long way to go in the future, Adani Power share price target for 2025 is Rs 460.

Adani Power share price target 2025
Rs 460

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Adani Power Share Price Target 2030

Demand for electricity is on the rise as India’s economy continues to grow. Various factors contributing to the rising per capita consumption include improvement of electrification across all villages, GDP growth and general economic activity, and growth in consumer electricals and electronic device penetration.

Increasing consumption of online services and streaming video is an emerging growth driver for the power sector, as it will require large-scale establishment and expansion of data centers, content delivery networks, and cellular as well as terrestrial network infrastructure.

Access to a cost-effective and reliable power supply is the biggest catalyst for inclusive growth. They are critical for industrial growth, ensuring the social growth of citizens and a high human development index. Demand for electricity in India is expected to grow at a sustained pace given the government’s massive push towards Make-In-India, increasing industrialization, improving incomes, and living standards.

As per the Central Electricity Authority (CEA), peak demand is likely to increase to around 340 GW from the current peak demand of around 190 GW by 2030. The base demand is expected to increase to 2325 BU by 2030. CEA predicts that India’s likely installed capacity by FY 2030 could be around 817 GW, more than double the present installed capacity.

In terms of coal-based capacity, CEA estimates a capacity addition of over 60 GW by 2030. Further, coal-based power will still be the dominant fuel type in 2030. In terms of the PLF of coal-based plants, CEA studies indicated that high-capacity pit head plants (600 – 800 MW unit size) could enjoy PLFs of over 70% whilst similar load center plants could have PLFs of around 50%.

It is evident that coal-based power could continue to play a significant role in meeting India’s electricity demand in the long term. Adani Power share price target for 2030 is Rs 1,160.

Adani Power share price target 2030
Rs 1,160

Also read: BHEL share price target 2022, 2025, 2030.

Adani Power Share Price Target 2022, 2023, 2024, 2025, and 2030

YearAdani Power Share Price Target
Adani Power share price target 2022Rs 288
Adani Power share price target 2023Rs 345
Adani Power share price target 2024Rs 390
Adani Power share price target 2025Rs 460
Adani Power share price target 2030Rs 1,160

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Overview Of Indian Power Sector

India is ranked as the third-largest consumer of electricity in the world and has one of the largest transmission systems. The country is at the cusp of a transformation, driven by the fast-paced growth of renewable energy which is in line with efforts to decarbonize its energy economy.

From a mere 4% share in electricity generation in the year 2008-09, it reached a mighty 11% in 2020-21 and the installed renewable capacity at 94 GW represents 24.7% of the total installed capacity of 382 GW. The government as well as corporates have been rallying behind the increased adoption of renewable energy and are also pro-actively exploring the feasibility of adoption of other new emerging renewable technologies such as hydrogen, and geothermal, which are driving the energy innovation.

Some specific targets set by the Government include reducing emission intensity by 33‐35% by the year 2030 as compared with 2005 levels, achieving a 40% share of non‐fossil fuel-based electricity generation capacity, and 450 GW of installed renewable capacity by 2030.

The Indian power sector is undergoing a significant change that has redefined the industry outlook. Sustained economic growth momentum continues to drive electricity demand in India. The Government of India’s focus on attaining ‘Power for all’ has accelerated capacity addition in the country. India is now a power sufficient country with the peak demand at 190 GW as compared with an installed capacity of 382 GW.

Frequently Asked Questions

What is the future of Adani Power share price?

Adani Power share price will increase in the future and can give multi-bagger returns for its investors. Adani power share price target for 2022 is Rs 288, Adani Power share price target for 2023 is Rs 345, Adani Power share price target for 2024 is Rs 390, Adani Power share price target for 2025 is Rs 460, and Adani Power share price target for 2030 is Rs 1,160.

Can we buy Adani Power share?

Yes, you can buy Adani Power share if you want to hold for the long term.

Which is better Tata Power or Adani Power?

Tata Power is better than Adani Power. In terms of EPS, Tata Power EPS is 8.79, which is better than Adani Power EPS of -1.30. In terms of ROE, Tata Power ROE is 6.01%, which is better than Adani Power ROE of -6.54. In terms of ROCE, Tata Power ROCE is 6.65%, which is better than Adani Power ROCE of 0.63. In terms of market cap, Tata Power’s market cap is 35,000 crores higher than Adani Power’s market cap. In terms of Debt to equity, Tata Power’s debt to equity is 1.22, which is better than Adani Power’s debt to equity of 1.90. In every category, Tata Power outperformed Adani Power. So finally, Tata Power is better than Adani Power.

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