SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Adani Power’s arm signs PPA with MPPMCL to set up 1,320 MW plant

28 May 2020 Evaluate

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.

Adani Power Share Price

226.85 -2.40 (-1.05%)
29-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 356.00
Tata Power 386.45
Power Grid Corpn. 286.45
Adani Power 226.85
Torrent Power 1419.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: