Adani Power secures 1.6GW supply deal with MSEDCL
pre-market1 source ↓written by the desknot a recommendation
- power supply agreement
- 1.6GW
- per kilowatt-hour
- ₹5.30
- contract
- 25-year
Adani Power has received a letter of award from Maharashtra State Electricity Distribution Company (MSEDCL) for a 1.6GW power supply agreement. The deal, awarded after a competitive bidding process, features a tariff of ₹5.30 per kilowatt-hour and will commence in FY30–31 under a 25-year contract. This aligns with Adani Power’s strategy to secure long-term power supply agreements.
Not investment advice. For informational purposes only.