Adani Power’s wholly owned subsidiary company -- Pench Thermal Energy (MP) (formerly known as Adani Pench Power) has signed a Power Purchase Agreement (PPA) with MP Power Management Company (MPPMCL), a government of Madhya Pradesh Undertaking, for procurement of 1230 MW of electricity on long term basis from a new power station of 1320 MW capacity to be set up on Super Critical technology in the State of Madhya Pradesh on Design, Build, Finance, Own and Operate (DBFOO) basis by sourcing fuel from the Allocated Coal linkage under Para B (iv) of the SHAKTI Policy, and the said arrangement has been duly approved by the MP Electricity Regulatory Commission.
Adani Power is engaged in the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.
Company Name | CMP |
---|---|
NTPC | 355.75 |
Tata Power | 436.75 |
Power Grid Corp | 292.60 |
Adani Power | 591.70 |
Torrent Power | 1489.95 |
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