Adani Power has been awarded a significant contract by Maharashtra State Electricity Distribution Co. Limited (MSEDCL) for the supply of 2500 MW of renewable energy round-the-clock (RE RTC) power.
The agreement is set for a duration of 25 years, commencing from the Scheduled Commencement Date of Supply.
The Letter of Award (LoA) was received by Adani Power at 8:30 PM on April 1, 2026, following the company's successful bid in the e-reverse auction (e-RA) conducted by MSEDCL. This long-term contract underscores Adani Power's commitment to enhancing its renewable energy portfolio and contributing to sustainable energy solutions in India.
The contract stipulates that the power supply will be executed as per the terms and conditions outlined in the tender floated by MSEDCL, with adherence to the specifics mentioned in the LoA. The agreement is a domestic contract, highlighting the focus on boosting local energy infrastructure.
Notably, the contract does not involve any related party transactions, and there is no interest from the promoter group or group companies in MSEDCL. This ensures that the transaction is conducted at arm's length, maintaining transparency and compliance with regulatory standards.
Adani Power's receipt of this contract marks a significant milestone in its efforts to expand its renewable energy capacity, aligning with India's broader goals for sustainable energy development.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).