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Adani Power wins bid to supply 1500 MW of thermal power to Uttar Pradesh

12 May 2025 Evaluate

Adani Power has won a tightly contested bid to supply 1500 MW (net) of thermal power to Uttar Pradesh. As part of the contract, the company will supply power at a highly competitive tariff of Rs 5.383 per unit from a greenfield 2x800 MW (1500 MW net) Ultra-supercritical power plant to be set up under the Design, Build, Finance, Own, and Operate (DBFOO) model in the state.   

This is further to the Uttar Pradesh cabinet approving the project earlier this month. The company will now sign a long-term Power Supply Agreement (PSA) with Uttar Pradesh Power Corporation (UPPCL) under the Letter of Award (LoA) received on May 10, 2025.

This 1,500 MW order is part of the government’s initiative to meet that future demand. This is second major PSA bid the company has won in the last one year, after receiving the composite 6,600 MW (1600 MW thermal and 5000 MW solar) LoI from Maharashtra State Electricity Distribution Company (MSEDCL) in September 2024, which subsequently has been converted into a PSA. 

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

198.40 5.30 (2.74%)
17-Apr-2026 16:59 View Price Chart
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