Adani Power gains after securing LoA for additional 800 MW capacity from MPPMCL

This follows the company?s earlier win of 800 MW in the same bidding process, taking the total awarded capacity from MPPMCL to 1,600 MW. The additional allocation comes at the same tariff of Rs 5.838 per kilowatt-hour (kWh), as the initial award.

Accordingly, APL will supply power from a new 1,600 MW (2?800 MW) ultra-supercritical thermal power unit to be established in Anuppur district, Madhya Pradesh, under the design, build, finance, own, and operate (DBFOO) model.

Both units are expected to be commissioned within 60 months of the appointed date.

The project will involve an investment of around Rs 21,000 crore, with coal linkage secured under the Government of India?s SHAKTI policy.

The company plans to execute a power supply agreement (PSA) with the state distribution company in due course.

According to Adani Power, this marks the fifth major power supply order in the past 12 months, bringing its total awarded capacity to 7,200 MW.

S.B. Khyalia, chief executive officer of Adani Power, said: We are delighted that Adani Power has not only secured the initial 800 MW project in Madhya Pradesh but has also been awarded an additional 800 MW under the greenshoe option.

The project further strengthens our long-term partnership with Madhya Pradesh and highlights our dedication to supporting India?s energy security and economic growth.

Adani Power (APL), a part of the Adani portfolio, is the largest private thermal power producer in India. The company has an installed thermal power capacity of 18,110 MW and a 40 MW solar power plant.

The company?s consolidated net profit declined 13.49% to Rs 3,384.86 crore in Q1 FY26 from Rs 3,912.79 crore posted in Q1 FY25. Revenue fell 5.66% year-on-year (YoY) to Rs 14,109.15 crore in Q1 FY26.

Powered by Capital Market - Live News