MoneyWorks4Me

Adani Green Energy informs about letter of award

14 Nov 2025 Evaluate

Adani Green Energy has informed that, Adani Saur Urja (KA), a Wholly-owned Subsidiary of the Company, has received a Letter of Award (‘LOA’) from Assam Power Distribution Company (‘APDCL’) for procurement of 500 MW energy storage capacity from Pumped Hydro Storage plant. The capacity is secured through the competitive bidding conducted by APDCL. The Annual Fixed Cost (tariff) payable under the LOA is Rs. 1,02,92,887 per MW per Annum for the entire period of 40 years from COD. LOA was received by the Company at 4.30 PM on November 13, 2025.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
NTPC 330.00
Tata Power 363.30
Adani Power 202.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1346.95
View more..