Adani Power Limited (APL) has emerged as India’s largest private coal-based power producer with 18,150 MW capacity across 12 plants. Morgan Stanley projects APL’s market share to reach 15% by FY32, driven by successful turnaround of stressed assets and strategic acquisitions. The company’s financial health has improved significantly, with net debt-to-EBITDA declining sharply. Post navigation Big trade boost: India, UAE aim to double bilateral non-oil, non-precious metal trade to $100 billion; what’s on the agenda NFOs: Marketing hype or investment opportunity? Consider NFOs only if they fill a gap in your portfolio
