Adani Power secures 25-year deal to supply 1,600 MW power from MSEDCL, stock jumps 5%Adani Power secures 25-year deal to supply 1,600 MW power from MSEDCL, stock jumps 5%

Introduction

Leading private sector power generator receives Letter of Award from MSEDCL for 1,600 MW long-term thermal power supply under a 25-year agreement starting FY2030-31.

Also Read: Zydus Lifesciences secures final USFDA clearance for Cevimeline Hydrochloride Capsules

Share price movement of Adani Power

On March 16, 2026, Adani Power Ltd opened at ₹150.00, up 2.18% from its previous close of ₹146.70. The stock reached a high of ₹154.00 (4.97%) and a low of ₹146.30 (-0.27%). By 12:20 PM, it traded at ₹151.40, a 3.20% increase, with a market cap of ₹2,91,970.28 crore.

Adani Power Secures 1,600 MW Contract

Adani Power Limited has received a Letter of Award from Maharashtra State Electricity Distribution Company Limited for long-term supply of 1,600 MW from its upcoming ultra-supercritical thermal power project.

The contract is for 25 years under a Power Supply Agreement. The first year’s quoted tariff is Rs 5.30 per kWh. Supply will commence from financial year 2030-31.

Adani Power was the lowest-tariff bidder in a competitive process. The project includes a pre-determined coal linkage to ensure long-term fuel security and reliable power supply.

Adani Power currently has over 95% of operating capacity under medium-to-long-term PSAs. Its under-implementation pipeline of 23.8 GW will expand capacity to 41.87 GW by FY31-32.

Stock performance of Adani Power for period of 1 week, 6 months, and 1 year

Adani Power Ltd delivered a 1-week return of 5.36%, a 6-month return of 16.2%, and a 1-year return of 43.1%.

Also Read: ChemKart India shares jump on making strategic investment ₹2 Cr in Easy Raw Materials

Shareholding pattern of Adani Power

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	75.00%	75.00%	75.00%
FII	11.60%	11.50%	12.50%
DII	3.40%	2.70%	1.80%
Public	10.00%	10.80%	10.80%

About Adani Power

Adani Power Limited (NSE: ADANIPOWER) is India’s largest private thermal power producer with 18,110 MW capacity across twelve plants and a 40 MW solar plant in Gujarat.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs