To carry on the business of developing, designing, constructing, operating and maintaining coal based electric generation plant and other incidental facilities thereto to be set up near village Khaire (Khurd) and Ukhali, Tahasil Hingna, District Nagpur, in accordance with the Concession Agreement dated 7th November, 2007 and any amendments thereof.
To operate and maintain the transmission and distribution network provided by Maharashtra Airport Development Company Limited (MIDC) and set up interconnection between coals based electric generation plant and transmission and distribution network set up and handed over by MADC.
To distribute, supply and sell such power either directly to the end users located within Multimodal international Hub airport at Nagpur Special Economic Zone Area (MIHAN SEZ) area on priority basis or through facilities of Central / State Government or private companies or Electricity boards to industries and to central / State Government , other consumers of electricity including for captive consumption for any industrial project , promoted by this Company or promoter companies and generally to distribute, sell and supply such power and to undertake research and development program in the field of electricity, electronics and other allied fields, to promote, take over, participate in any enterprise , requiring electric power for its manufacturing operation, by supply of electric power for its manufacturing operation, exclusively or partially.
To engage in the business of purchasing, procuring, selling and trading in all forms of electric power and ancillary services on commercial basis, either individually or on joint venture basis.
AMNEPL is established vide a Concession Agreement between Maharashtra Airport Development Company Limited (MADCL) and Abhijeet Group.
The Paid up equity capital is 160.9 Crore.
Maharashtra Airport Development Company Ltd. (MADC) - 26% equity