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EnergyMedium impactAfter close

Govt considers amending Adani Power contract

after close1 source ↓written by the desknot a recommendation

The government is reviewing the 2017 power purchase agreement with Adani Power (Jharkhand) Limited, as concerns arise over its cost compared to market rates. Minister Iqbal Hassan Mahmood Tuku confirmed that a national committee has been formed to assess the deal's implications for national interests. This move may impact investor sentiment in the energy sector. ⚡

• Legal avenues for re-evaluation are being explored.

• The committee includes experts from the power and energy sectors.

• Potential amendments could alter future contracts and pricing strategies.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 4 Apr 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ADANIPOWER closed +2.1% on the day of the news, from ₹159.97 to ₹163.26; Nifty +1.1% over the same session; futures OI +66.2%.

Bulletin at 16:04 IST on 4 Apr 2026. Every change is measured from ₹159.97, the last close before it, on 2 Apr. Nifty 50 is measured over the same sessions.

  • ADANIPOWER close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ADANIPOWER closes around the bulletin against the close before the news, with Nifty 50 rebased to it139.11171.04202.98axis spans 46%before the news · 2 Apr159.97Nifty 50ADANIPOWERbulletinD0+1+3+525 Mar9 Apr21 AprFutures open interest, lotspeak 25,000Reference close ₹159.97. 16 sessions from 25 Mar to 21 Apr; the price axis spans 46 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before2 Apr₹159.97basebase
On the day6 Apr₹163.26▲ +2.1%▲ +1.1%+0.9 pp difference
+1 session7 Apr₹163.36▲ +2.1%▲ +1.8%+0.3 pp difference
+3 sessions9 Apr₹172.33▲ +7.7%▲ +4.7%+3.0 pp difference
+5 sessions13 Apr₹181.35▲ +13.4%▲ +5.0%+8.4 pp difference
Gap at the open, % · ₹
▲ +1.3%+2.03 on 6 Apr
Day's range, % · ₹
2.5%≈ 4.0 high to low
Volume on the day
3.79×the 20-session average
Futures OI on the day
▲ +66.2%+4,300 lots · long build-up · price +2.1%
Futures OI open, lots
11,0006 Apr · 28 Apr expiry
Futures premium, ₹
+0.91+0.6% to spot
Puts per call, by OI
0.53from 0.42 the session before
Max pain
160from 155 the session before

Source NSE UDiFF bhavcopy · ADANIPOWER on the desk →

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