Adani Power Receives LoA for 800 MW Thermal Power Project in Madhya Pradesh
The new 800 MW power project involves a substantial investment (₹ 10,500 crore) and will contribute significantly to Madhya Pradesh's power supply and create employment.
Adani Power has secured a significant new order for an 800 MW power project, indicating growth and positive future prospects.
* Adani Power Ltd. received a Letter of Award (LoA) from MP Power Management Company Ltd. (MPPMCL) on 29 August 25 for supply of power from a new 800 MW Ultra-supercritical thermal power project in Anuppur District, Madhya Pradesh. * The project will be set up on a Design, Build, Finance, Own, and Operate (DBFOO) model, utilizing coal linkage arranged by the Utility under the SHAKTI Policy. * Adani Power bid a tariff of ₹ 5.838 per unit in a competitive bidding process. * The company will invest approximately ₹ 10,500 crore in the plant and related infrastructure. * The plant is expected to be commissioned within 54 months of the appointed date. * The project is expected to generate 6,000 – 7,000 direct and indirect jobs during construction and employ approximately 1,000 personnel once operational. * According to Mr. SB Khyalia, CEO of Adani Power, the Anuppur plant will play a pivotal role in ensuring reliable, affordable, and competitively priced power, strengthening India’s and Madhya Pradesh’s energy security. * This is the fourth major power supply order received by the company in the last 12 months, including orders from Maharashtra (6,600 MW), Uttar Pradesh (1,600 MW), and Bihar (2,400 MW).
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Adani Power Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Adani Power Limited. Read the original for the full detail.