Adani Power Limited
Goldman Sachs decreased its stake in Adani Power Limited from 3.31% to 3.03%, selling 54,120,907 shares.Goldman Sachs decreased its stake in Adani Power Limited from 3.31% to 3.03%, selling 54,120,907 shares.
A leading private thermal power producer in India, Adani Power generates and supplies electricity through a diversified portfolio of long-term power purchase agreements, short-term contracts, and merchant sales. Operating as part of the Adani Group conglomerate, the company operates thermal power generation projects across multiple locations nationwide. It serves utility companies, industrial customers, and state power distribution entities through both contracted and competitive spot market channels.
US-based global investment bank (USD 1.6 trillion in assets, USD 3 trillion+ in client AUM through Goldman Sachs Asset Management). India FPI activity covers proprietary, market-making, client flows and active asset management mandates in listed Indian equities.