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Adhunik Group of Industries is a renowned name in steel with units  in the Eastern Region in the states of Orissa, Jharkhand, West Bengal & Meghalaya. Now it is venturing into power generation in the name of Adhunik Thermal Energy Ltd. and MOU has already been signed with the Govt. of Jharkhand for setting up a 1000 MW super thermal power plant in the state of Jharkhand. For the purpose of implementation of the project, applications for the coal blocks and allocation of water have been filed with Govt. of India & Govt. of Jharkhand respectively and are being processed by the respective Govt. departments.

In the meanwhile the company has decided for installation of two units of 135 MW each at Kandra in the District of Saraikela Kharsawan. The foundation stone of the same was laid by the Honorable Chief Minister of Jharkhand on 15th Feb.2007.After meeting the obligation of supply of power to Jharkhand Govt. as per MOU, the rest of the power  will be supplied to consumers in the states of Northern Region directly in association with PTC India Ltd. in view of Electricity Act -2003 which has permitted open access customer to receive supply of electricity from a person other than distribution licensee.

ATEL will be supplying power to the consumers already connected to the grid and also to the consumers those are getting their requirement from diesel generation by offering them cheap and reliable power. Even new upcoming consumers will be suitably advised about Power Solutions that will help them to get cheap and reliable power supply.

Another company of Adhunik Group, Adhunik Alloys and Power Limited has applied before THE CENTRAL ELECTRICITY REGULATORY COMMISSION, NEW DELHI for grant of license for inter-state trading of electricity. The index of filing as under:

INDEX OF FILING

 
Sl.No. Documents / Description
   
1. Affidavit verifying the Application
2. Petition to the CERC for grant of Inter State Trading License
3. Annexure - A: Brief Company Profile
4. Annexure - B: Application for Inter State Trading License (As per Form - I of CERC Regulations)
5. Exhibits:
  5.1 Exhibit 1  : Certificate of Registration
  5.2 Exhibit 2  : Certificate of Commencement of Business
  5.3 Exhibit 3  : Memorandum & Articles of Association
  5.4 Exhibit 4  : Original Power of Attorney
  5.5 Exhibit 5  : Document in Support of Net-Worth
  5.6 Exhibit 6  : Details of Shareholding
  5.7 Exhibit 7  : Annual Report for Last 5 Years
      Balance Sheet 2003-2004
      Balance Sheet 2004-2005
      Balance Sheet 2005-2006
      Balance Sheet 2006-2007
      Balance Sheet 2007-2008 (Provisional & Unaudited)
  5.8 Exhibit 8  : Org. Chart & Managerial Capability of the Applicant
  5.9 Exhibit 9  : Approach & Methodology
  5.10 Exhibit 10 : Copy of PAN Card
 
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