Adani Power wins extra 800 MW Madhya Pradesh order, total reaches 1,600 MW
ADANIPOWER · price
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MP Power Management Company awarded Adani Power an additional 800 MW order, taking its Madhya Pradesh award to 1,600 MW and total awards over 12 months to 7,200 MW. Adani Power will design, build, finance, own and operate a new 1,600 MW coal-fired plant in Anuppur at Rs 5.838 per kWh. Both units are due within 60 months of the appointed date. Investment is around Rs 21,000 crore.
Supports revenue visibility and order book growth, but needs around Rs 21,000 crore of capital and carries execution and operating risks.