Ahmedabad, March 15: Adani Power Limited (APL), the largest private power producer in the country, announced on Sunday that it has received a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for a supply of 1,600 megawatts of electricity.
The company stated that it will supply power from its upcoming ultra-supercritical thermal power plant under this deal. Adani Power emerged as the lowest bidder in a competitive bidding process, offering electricity at a combined tariff of ₹5.30 per kilowatt-hour. The proposed 25-year Power Supply Agreement (PSA) is set to commence from the financial year 2030-31.
According to the company’s statement, this achievement symbolizes another PSA win for APL amid a surge in investments in the thermal energy sector. Adani Power has established itself as a leading provider of new production capacity, supporting the national goal of adding 100 gigawatts of thermal energy capacity by 2032. During the financial year 2025-26, APL secured five long-term PSA bids with a combined capacity of 10,400 megawatts.
With this development, Adani Power has completed 13.3 gigawatts of long-term PSAs out of its 23.8 gigawatts of ongoing projects, marking a significant step towards securing its declared goal of obtaining contracts for nearly all its capacity.
Currently, over 95% of Adani Power’s operational capacity of 18.15 gigawatts is secured under medium to long-term PSAs, while more than 55% of its upcoming capacity of 23.8 gigawatts is also secured under 25-year PSAs, ensuring strong clarity and stability in production volume and revenue.
The MSEDCL bid includes a pre-determined coal linkage, ensuring long-term fuel security and supporting a reliable and cost-effective power supply.
Adani Power is leading the largest private sector thermal power capital expenditure program in India, aiming to increase its capacity from the current 18.15 gigawatts to 41.87 gigawatts by the financial year 2031-32, with an investment of approximately ₹2 lakh crore.
These projects align with India’s rapidly growing electricity demand, driven by economic expansion, urbanization, industrial development, and increasing access to electricity in homes.
The company stated that during the project phase, thousands of jobs are expected to be created, boosting industrial demand across various sectors.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
