Joint Venture15 Mar 2026, 05:32 pm
Adani Power Receives LoA from MSEDCL for 1,600 MW Long-Term Power Supply
AI Summary
Adani Power Ltd (APL) has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for the supply of 1,600 MW of power from one of its upcoming ultra-supercritical thermal power projects (USCTPP). APL emerged as the lowest-tariff bidder, offering power at a combined tariff of Rs 5.30/kWh. The supply of power under the proposed 25-year Power Supply Agreement (PSA) is scheduled to commence from the financial year 2030-31. This achievement marks yet another PSA win for APL during a period of renewed surge of investments in the thermal power sector.
Key Highlights
- Adani Power received a Letter of Award (LoA) from MSEDCL for the supply of 1,600 MW of power.
- APL was the lowest-tariff bidder, offering power at a combined tariff of Rs 5.30/kWh.
- The supply of power is scheduled to commence from the financial year 2030-31 under a 25-year PSA.
- APL has now tied-up long-term PSAs of 13.3 GW out of its 23.8 GW under-implementation pipeline.
- More than 95% of Adani Power's current operating capacity of 18.15 GW is now tied up under medium-to-long-term PSAs.