Synopsis:
Adani Power has received a Letter of Award to supply 800 MW of power from a new ultra-supercritical thermal plant in Madhya Pradesh, marking its fourth major power supply win in a year.
The largest private thermal power producer in India is in the spotlight after receiving a Letter of Award (LoA) from MP Power Management Company Ltd. to supply power from a new 800 MW ultra-supercritical thermal power plant.
With the market capitalization of Rs. 2,33,537.65 crore, the shares of Adani Power Limited trading at Rs. 605.30, up by 0.78 percent from its previous day’s close price of Rs. 600.65 per equity share, and it has reached an intraday high of Rs. 615.
What’s the News?
Adani Power Ltd. has received a Letter of Award (LoA) from MP Power Management Company Ltd. to supply power from a new 800 MW ultra-supercritical thermal power plant to be built in Anuppur, Madhya Pradesh.
The company was chosen through a competitive bidding process with a tariff of Rs. 5.838 per unit. They will invest approximately Rs. 10,500 crore to establish the plant under the Design, Build, Finance, Own, and Operate (DBFOO) model. The project, which aims to meet Madhya Pradesh’s rising electricity demand as a result of industrialization and urbanization, is expected to be completed within 54 months.
The project will receive its coal supply under the Government of India’s SHAKTI Policy for Madhya Pradesh. It is expected to create around 6,000–7,000 direct and indirect jobs during construction and employ about 1,000 people once operational. Adani Power plans to execute the Power Supply Agreement (PSA) with the state discom in due course.
Other Updates
This is Adani Power’s fourth major power supply order in the last year. Previously, in September 2024, it secured a 6,600 MW (5,000 MW solar and 1,600 MW thermal) order along with Adani Green Energy from Maharashtra, followed by a 1,600 MW order from Uttar Pradesh in May 2025 and a 2,400 MW order from Bihar in August 2025, all for greenfield power projects.
Also Read: ₹1,171 Cr Order: Penny stock jumps after receiving huge EPC contracts from Skymax Infra Power
Management View
According to CEO SB Khyalia, India’s rising power demand requires strong energy infrastructure, and Adani Power is committed to securing the country’s energy future sustainably by expanding capacity and adopting advanced technologies.
He said the upcoming Anuppur plant will provide reliable, affordable, and competitively priced power, strengthening both India’s and Madhya Pradesh’s energy security while supporting economic growth in the state.
About the Company & Others
Adani Power Ltd., part of the Adani Group, is India’s largest private thermal power producer with an installed capacity of 18,110 MW across twelve thermal plants in multiple states and a 40 MW solar plant in Gujarat.
Backed by a skilled team, the company leverages technology and innovation to drive growth, support India’s transition to a power-surplus nation, and deliver reliable, affordable electricity.
The company reported Q1FY26 revenue of Rs. 14,109 crore, down 5.7 percent YoY from Rs. 14,956 crore and slightly down 0.9 percent QoQ from Rs. 14,237 crore. Net profit came in at Rs. 3,305 crore, declining 15.5 percent YoY from Rs. 3,913 crore but improving 27.2 percent QoQ from Rs. 2,599 crore, indicating sequential margin recovery despite lower year-on-year performance.
Written by Akshay Sanghavi
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