Adani Power Limited has informed the Exchange about Letter of Award from Maharashtra State Electricity Distribution Co. Limited

Business Updates View source PDF Explain this filing

ADANIPOWER · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.2%Reaction day

₹159.75

prior close

₹162.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+1.2%+1.0% vs market

Power peers, median of 37sector · industry level+1.2%+1.0% vs sector

On the reaction day the stock moved 1.0 pts more than Nifty 100 and 1.0 pts more than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.7

10m

+1.1

15m

-0.1

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2+1.2+1.0+1.2+1.0

Next day

+1.8+1.8-0.0+1.3+0.5

+6.0+5.8+0.2+5.0+1.0

+8.6+5.1+3.5+5.2+3.4

+9.7+6.5+3.2+7.3+2.4

+13.5+5.6+8.0+8.2+5.3

+21.5+7.5+14.1+13.3+8.3

15d

+40.2+7.1+33.1+20.7+19.5

+43.4+8.6+34.8+20.4+23.1

+40.8+3.5+37.4+10.0+30.9

+37.3+9.3+28.0+8.8+28.5

UpDownMarket · Nifty 100Sector · Power peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Adani Power Limited has received a Letter of Award (LoA) from MSEDCL for supplying 2500 MW of Renewable Energy Round The Clock (RE RTC) power for 25 years. This is a domestic order from a state government-owned electricity distribution company. The LoA was received on April 1, 2026 at 8:30 PM. Adani Power was declared the successful bidder in the e-RA (electronic Reverse Auction) results. The power supply agreement will commence from the Scheduled Commencement Date of Supply. No related party transactions or promoter group interests are involved in this award.

Likely market impact

This is a highly significant long-term contract providing 25 years of revenue visibility for Adani Power. The 2500 MW capacity represents a major addition to the company's order book, likely positively impacting the stock given the scale and duration of the commitment from a state utility.