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