Adani Power Receives LoA for 800 MW Thermal Power Project in Madhya Pradesh
Adani Power Limited has received a Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL) for supply of power from a new 800 MW Ultra-supercritical thermal power project/plant to be set up in Anuppur District of Madhya Pradesh. The project, to be set up on a Design, Build, Finance, Own, and Operate (DBFOO) model, will be commissioned within 54 months from the appointed date. Adani Power emerged as one of the lowest bidders in a competitive bidding process, with the final tariff of Rs 5.838 per KWh. The project is expected to generate direct and indirect employment of ~6,000 - 7,000 during the construction phase and employ ~1,000 personnel once in operation. This is the fourth major power supply order received by the Company in the last 12 months.
Key Highlights
- Adani Power received LoA from MPPMCL for a 800 MW Ultra-supercritical thermal power project in Madhya Pradesh.
- The project will be set up on a DBFOO model and commissioned within 54 months from the appointed date.
- Adani Power emerged as one of the lowest bidders in a competitive bidding process with a final tariff of Rs 5.838 per KWh.
- The project is expected to generate direct and indirect employment of ~6,000 - 7,000 during the construction phase.
- This is the fourth major power supply order received by the Company in the last 12 months.