Adani Green Energy’s arm receives LoA from Uttar Pradesh Power Corporation

Adani Green Energy Ltd. | Power Generation/Distribution | Power | BSE: 541450 | NSE: ADANIGREEN

27 Feb 2025 Evaluate

Adani Green Energy’s wholly-owned subsidiary -- Adani Saur Urja (LA) has received a Letter of Award (LoA) from Uttar Pradesh Power Corporation (UPPCL) for procurement of 1,250 MW energy storage capacity from Pumped Hydro Storage Projects. The capacity is secured through the e-Reverse Auction conducted by UPPCL. The annual fixed cost payable under the LoA is Rs 76.53 lakh per Mw per Annum (taxes extra) for the entire period of 40 years from COD.

Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.

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Company Name	CMP
NTPC	330.00
Tata Power	363.30
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