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Adani Power bags 1,600 MW thermal project from MPPMCL; to invest Rs 21,000 crore

By PTI | New Delhi: Adani Power on Thursday said it has secured 1,600 MW ultra-supercritical thermal power project from MP Power Management Company and the company will invest Rs 21,000 crore to set up the plant and related infrastructure.

Adani Power received a letter of award (LoA) on Thursday from MPPMCL, awarding 800 MW additional capacity under ‘Greenshoe Option’, a company statement said.

According to the statement, Adani Power Ltd (APL), India’s largest private sector thermal power generator, has been awarded a total of 1,600 MW capacity by MP Power Management Company Ltd (MPPMCL) under the recently concluded tendering process.

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