Adani Power Secures 25-Year, 1,500 MW Uttar Pradesh Power Contract

Adani Power has won a 25-year contract to supply 1,500 MW of electricity to Uttar Pradesh at a tariff of ₹5.383 per unit (kWh). The Uttar Pradesh Cabinet has approved a power purchase agreement (PPA) between Adani Power and the Uttar Pradesh Power Corporation Limited (UPPCL) for the long-term supply of thermal power.

The electricity will be generated from a new 1,600 MW (2x800 MW) thermal power plant that Adani Power will build within the state. The contract follows a competitive bidding process initiated by the state government in October 2024 to address growing power demand. Adani Power emerged as the lowest bidder, offering ₹3.727 per unit as fixed charges and ₹1.656 per unit as fuel charges.

This agreement is a key step toward meeting the state's projected additional demand of 10,795 MW by FY 2033–34, and supports Uttar Pradesh’s broader strategy for energy security, infrastructure development, and industrial growth.

News by Rahul Yelligetti.