Empresa Adani Power Limited Bombay S.E.

Udupi Power Corporation Limited (Formerly Nagarjuna Power Corporation Limited) is one of the group companies of LANCO, LANCO is fast emerging as one of the top three private sector power developers in India with 3,292 megawatt (MW) under operation, 5,953 MW under construction, and 7,110 MW of projects under development. Udupi Power Corporation Limited has established 2 X 600 MW imported coal based power project in Udupi District of Karnataka State in the western coastal region of India. UPCL is an associate of Lanco Infratech Limited. The Udupi Power Project is built with an investment of Rs.60,020 million and is situated at a distance of 35 Kms from Mangalore. The Udupi Power Project supplies 90% of the power generated to Karnataka State and 10% to Punjab State. UPCL is the first independent power project using 100% imported coal as fuel in the country. UPCL has committed to contribute to reduction of the power shortage in the State of Karnataka while protecting ecology environment of the region.

Part of Adani Power Ltd., Adani Power Rajasthan Ltd. engages in power production, collection and distribution. The company is based in Ahmedabad, India.

Raipur Energen Ltd. engages in production, collection and distribution of electricity. It owns an operational 1.370 megawatt supercritical thermal power plant in Chhattisgarh. The company is headquartered in New Delhi, India.

Part of Adani Power Ltd., Raigarh Energy Generation Ltd. is an Indian company that provides power generation services. The company is based in Ahmedabad, India. The company was founded in 1995. Raigarh Energy Generation was acquired by Adani Power Ltd. from Avantha Power & Infrastructure Ltd. on March 04, 2015 for $683.65 million.

Part of Adani Power Ltd., Adani Power (Mundra) Ltd. is an Indian company that generates power. The company is based in Ahmedabad, India and was founded in 2015.

Part of Adani Power Ltd., Adani Power (Jharkhand) Ltd. is a company that engages in the production, collection, and distribution of electricity. The company is based in Godda, India.

Adani Power Maharashtra Ltd. engages in the operation of thermal power plant. The plant is located in Maharashtra and it generates coal-based power. The company was founded on November 4, 2007 and is headquartered in Ahmedabad, India.

Founded in 2009, Kutchh Power Generation Ltd. is a subsidiary of Adani Enterprises Ltd. that engages in power generation and transmission. The company is based in Ahmedabad, India.

Mahan Energen Ltd. generates and supplies gas, coal and liquid fuel. The company is headquartered in New Delhi, India.