Adani Power Share Price Rises 2%; Secures 1,600 MW Order in Madhya Pradesh

Adani Power Ltd (APL) has been awarded 1,600 MW capacity by MP Power Management Company Limited (MPPMCL) under a recently concluded tender. This includes 800 MW initially awarded and an additional 800 MW under the Greenshoe Option at the same tariff of ₹5.838/kWh.

Project Details

The power will be supplied from a new 1,600 MW Ultra-supercritical thermal power unit (800 MW × 2) in Anuppur district, Madhya Pradesh. The project will be developed under the DBFOO model (Design, Build, Finance, Own, and Operate) and will be commissioned within 60 months of the appointed date. APL plans to invest ~₹21,000 crore in setting up the plant and related infrastructure.

Coal Linkage and Employment Impact

Coal supply for the project has been secured under the Government of India’s SHAKTI Policy. The project is expected to generate 9,000–10,000 jobs during construction and around 2,000 jobs once operational, boosting both employment and local development.

Strengthening State Power Supply

The inclusion of a greenshoe mechanism in coal-based power procurement makes this tender one of its kind in India. It will help Madhya Pradesh meet its growing electricity demand driven by industrialisation and urbanisation, strengthening the state’s energy security.

Track Record of Recent Wins

This is APL’s fifth major power supply order in the past year, raising its awarded capacity to 7,200 MW. Recent wins include:

• 6,600 MW order from Maharashtra (5,000 MW solar + 1,600 MW thermal) in September 2024.
• 1,600 MW order from Uttar Pradesh in May 2025.
• 2,400 MW order from Bihar in August 2025.
• 800 MW order from MP in August 2025, now expanded to 1,600 MW.

Future Expansion

Currently, Adani Power operates 18.15 GW across 12 thermal power plants. The company is implementing India’s largest private sector capex programme and targets 41.87 GW total generation capacity by FY 2031-32.

Adani Power Share Price Performance

On September 11, 2025, Adani Power share price opened at ₹638.50. At 10:55 AM, the share price of Adani Power was trading at ₹647.90, up by 2.12% on the NSE.

Also Read: Why Is Adani Power Share Price Rising on September 10?

Conclusion

Adani Power’s growing portfolio highlights its role in securing India’s baseload energy needs. The new Madhya Pradesh project not only boosts the company’s growth trajectory but also contributes to regional energy stability, industrial growth, and job creation.

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