Adani Power stock price went up sharply and touched a high of ₹649.6 before settling near ₹637 by afternoon. This is much higher than its last close of ₹609. Even though the overall market index Nifty50 moved up only a little, Adani Power stood out with a strong rise. The company’s total value in the market is now close to ₹2.49 trillion. Over the past year, the stock has also recovered well from earlier low levels.

Adani Power Latest News

The rise in the share price came after a big announcement. Adani Power has joined hands with Bhutan’s Druk Green Power Corporation to build a new hydroelectric project. This project, called Wangchhu, will generate 570 MW of power. It will follow a model where Adani will first build and operate it and later hand it over.

The project will cost around ₹6,000 crore and it is expected to start construction by 2026. Once complete, it will help Bhutan meet electricity needs in winter and also send extra power to India during the summer season. Leaders from both countries were present when the agreement was signed, showing the importance of this deal.

Adani Power Latest Financial Results

In its latest financial update for April to June 2026, Adani Power reported a profit of ₹3,305 crore. This was lower than last year’s profit of ₹3,912 crore. The main reasons were higher costs and lower tariff rates.

The company’s revenue also came down slightly, from about ₹14,955 crore last year to ₹14,109 crore this year. Still, the actual volume of power sold grew a little, showing steady demand.

Conclusion

This is only the first step of a much bigger plan. Earlier in 2025, Adani Group and Bhutan agreed to work together on 5,000 MW of hydropower projects. With this, Adani Power is aiming to grow further in clean energy and strengthen electricity links between the two nations.

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