Adani Power Private Ltd (“Adani Power”), a fully-owned subsidiary of Adani Enterprises Ltd., member of Ahmedabad, India-based Adani Group.

Adani Power is presently developing an independent 2,640 MW imported coal-based thermal power plant in Gujarat. The project, launched in June 2006, is expected to become operational by 2009 and achieve full capacity by the close of 2010. Power generation in India is expanding on the back of government spending to sustain economic growth, policy reform, a focus on rural electrification and increasing power consumption.

3i India Infrastructure is a US$1.2bn fund which invested in Adani Power. It is managed by 3i’s infrastructure investment team, which combines long-standing international expertise and a strong local presence.