Adani Power secures 1,600 MW contract from MSEDCL
pre-market1 source ↓written by the desknot a recommendation
- long-term power supply
- 1,600 MW
- features a tariff
- 25-year agreement
- and is set
- ₹5.30/kWh
Adani Power Limited has secured a 1,600 MW long-term power supply contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL). The 25-year agreement features a tariff rate of ₹5.30/kWh and is set to commence in the financial year 2030-31. This contract underscores Adani Power's strategic expansion in the thermal power sector. ⚡
The deal includes pre-determined coal linkage, ensuring fuel security and supporting a reliable power supply throughout the contract period.
Not investment advice. For informational purposes only.