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Adani Power Wins 1,600 MW, 25-Year Supply From MSEDCL at Rs 5.30/kWh

The award expands Adani Power’s long-term contracted pipeline, strengthening revenue visibility for its thermal buildout.

Overview

  • Adani Power received a Letter of Award from MSEDCL to supply 1,600 MW from an upcoming ultra-supercritical plant starting in FY2030-31.
  • The company was the lowest-tariff bidder in the tender, quoting a combined tariff of Rs 5.30 per kWh.
  • The contract includes a pre-determined coal linkage intended to secure long-term fuel supply for the project.
  • With this deal, Adani Power reports 13.3 GW of long-term PSAs tied up out of a 23.8 GW under-implementation pipeline.
  • The company is executing a plan to expand capacity from 18.15 GW to 41.87 GW by FY31-32 with about Rs 2 lakh crore of investment, after winning five PSA bids totaling 10,400 MW in FY25-26.