Expect to have 6600 MW units operational by 2012: Adani Ent

In an interview with CNBC-TV18, Devang Desai, CFO, Adani Group, speaks about the results and gives his outlook going forward.

Below is a verbatim transcript of his interview with CNBC-TV18's Latha Venkatesh and Sonia Shenoy. Also watch the accompanying video.

Q: Take us through first what happened in the power segment. What you generated by way of number of units and how did the merchant prices pan out?

A: There are three broad businesses that we have in Enterprises. Apart from our traditional coal trading business where we are the largest importer, we have other two ownerships that is 70% ownership in Adani Power, the listed company and 77% stake in Mundra Port, which is our other listed company.

In terms of power, we have already made the entire 1,320 MW operational and cumulatively we have sold almost about four billion units during the nine months. The 660 MW supercritical unit is also been synchronised. So, we would have that production also in the last quarter.

There were some reductions in the merchant power in this quarter inline with whatever happened in terms of the monsoon plus the off take by the various SEBs, we expect that to improve in the next quarter. Our big chunk in