Adani Power (APL) has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company (MSEDCL) for the supply of 1,600 MW of power from one of its upcoming ultra-supercritical thermal power projects (USCTPP). 

The LoA follows Adani Power’s success in a highly competitive bidding process, where the company 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. Adani Power has established itself as a leading provider of new generation capacity, supporting the nation’s goal of adding 100 GW of thermal power capacity by the year 2032. During FY25-26, APL has won five long-term PSA bids with a combined capacity of 10,400 MW.

With this development, Adani Power has now tied-up long-term PSAs of 13.3 GW out of its 23.8 GW under-implementation pipeline, marking a significant step towards its stated objective of securing almost its entire capacity under such contracts. More than 95% of Adani Power’s current operating capacity of 18.15 GW is now tied up under medium-to-long-term PSAs, while over 55% of its upcoming capacity of 23.8 GW is secured under 25-year PSAs, providing strong visibility and stability of volumes and revenue.

Adani Power is engaged in the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.