Adani Power Signs 25-Year Deal to Supply 1,234 MW to Uttarakhand
Adani Power has signed a 25-year power supply agreement with Uttarakhand Power Corporation Limited for 1,234 MW of thermal power, formalising an October tender award.
Current Summary
Adani Power Ltd has signed a 25-year Power Supply Agreement (PSA) with Uttarakhand Power Corporation Limited (UPCL) for the supply of 1,234 MW of ex-bus net thermal power, the company disclosed in a regulatory filing dated November 4, 2026. The agreement follows Adani Power being declared the successful bidder in a competitive tender issued by UPCL, which had earlier issued a Letter of Award on October 13, 2026 for the same long-term supply requirement. The contracted net ex-bus supply of 1,234 MW comes from a project with an installed capacity of 1,320 MW. Tariff adoption under the agreement remains subject to regulatory approval.
What We Know
- Adani Power signed a 25-year PSA with UPCL for 1,234 MW of ex-bus net thermal power.
- The agreement follows an October 13, 2026 Letter of Award issued after a competitive UPCL tender.
- The underlying project has an installed capacity of 1,320 MW.
- Tariff adoption under the PSA is still subject to regulatory approval.
What Is Still Unclear
- The approved tariff rate once regulatory review is complete.
- The specific generating station and its location.
What Changed
- 4 Nov, 06:41 pmSignal detected: Adani Power Signs 25-Year Deal to Supply 1,234 MW to Uttarakhand
Background
UPCL periodically procures long-term thermal power supply through competitive tenders to meet the state's electricity demand.