News ArticleAdani Power Signs 25-Year Power Supply Agreement with Uttarakhand Power Corporation for 1,234 MW Thermal Power
Agreement secures ex-bus net supply from 1,320 MW plant after winning UPCL tender
Adani Power Limited signed a 25-year Power Supply Agreement with Uttarakhand Power Corporation Limited to supply 1,234 MW of thermal power ex-bus from its 1,320 MW installed capacity plant, following successful bid tender by UPCL. This long-term contract solidifies Adani Power's role as a key thermal power supplier to Uttarakhand.
Adani Power Limited
Order Wins
Adani Power Limited has entered into a 25-year Power Supply Agreement with Uttarakhand Power Corporation Limited to supply 1,234 MW of thermal power ex-bus from its 1,320 MW installed capacity plant, following a successful bidding process.
The Power Supply Agreement (PSA) formalizes the long-term procurement of thermal power by UPCL from Adani Power’s plant.
The agreement extends for 25 years, indicating a significant and sustained energy partnership.
The contracted net supply capacity is 1,234 MW ex-bus, derived from the plant's total installed capacity of 1,320 MW.
This contract follows a competitive tender issued and won by Adani Power, establishing them as the successful bidder for this power supply.
Highlights
- 25-year Power Supply Agreement signed on November 4, 2026.
- Contracted supply of 1,234 MW thermal power ex-bus from a 1,320 MW installed capacity plant.
- Agreement with Uttarakhand Power Corporation Limited (UPCL).
- Contract awarded following successful bid in UPCL tender process.
Key Data Snapshot
What happened
- Adani Power Limited signed a 25-year Power Supply Agreement with Uttarakhand Power Corporation Limited (UPCL).
- The agreement covers a net supply of 1,234 MW of thermal power ex-bus from Adani Power’s 1,320 MW installed capacity plant.
- This follows Adani Power being declared the successful bidder in UPCL’s tender process.
Key details
- The term of the Power Supply Agreement is 25 years, indicating a long-term commitment.
- The supply agreement volume is based on ex-bus net power from the plant.
- The signing date for the PSA is November 4, 2026.
Transaction details
- Contract awarded pursuant to UPCL’s tender invitation and evaluation.
- Adani Power was declared the successful bidder in the competitive tender process.
Highlights
- 25-year Power Supply Agreement signed on November 4, 2026.
- Contracted supply of 1,234 MW thermal power ex-bus from a 1,320 MW installed capacity plant.
- Agreement with Uttarakhand Power Corporation Limited (UPCL).
- Contract awarded following successful bid in UPCL tender process.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulation 30
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