By Enersider Desk | New Delhi
Adani Power Limited has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Limited for the supply of 1,600 MW of electricity from one of its upcoming ultra-supercritical thermal power projects, the company said in an official statement.
The LoA follows a competitive bidding process in which the company emerged as the lowest-tariff bidder, offering power at a combined tariff of ₹5.30 per kWh. Power supply under the proposed 25-year Power Supply Agreement (PSA) is expected to begin from the financial year 2030-31.
The development marks another long-term power supply agreement secured by Adani Power amid renewed investments in the thermal power sector. The company said it has won five long-term PSA bids during FY25-26 with a combined capacity of 10,400 MW.
Adani Power CEO S. B. Khyalia said rising electricity demand in India requires reliable long-term capacity addition to ensure energy security.
“With India’s power demand continuing to rise steadily, long-term and reliable capacity addition is critical to ensure energy security,” he said, adding that the LoA reflects the company’s cost competitiveness and its ability to provide dependable baseload power through long-term partnerships.
With the latest agreement, Adani Power said it has tied up long-term PSAs for 13.3 GW out of its 23.8 GW under-implementation pipeline. More than 95% of the company’s current operating capacity of 18.15 GW is tied up under medium-to-long-term PSAs, while over 55% of its upcoming capacity is secured under 25-year agreements.
The MSEDCL bid includes a pre-determined coal linkage aimed at ensuring long-term fuel security and reliable power supply.
Adani Power is undertaking a major capacity expansion programme, planning to increase its generation capacity from 18.15 GW to 41.87 GW by FY31-32 with investments of around ₹2 lakh crore. The projects are expected to support India’s growing electricity demand driven by economic growth, urbanisation, industrial expansion and rising household electrification, while also generating large-scale employment during the construction phase.
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