Adani Power Secures 800 MW Thermal Power Project in Madhya Pradesh; Share Price Surges

Adani Power Limited (APL), India’s largest private thermal power producer, has announced a significant milestone with the receipt of a Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL). The order relates to the establishment of an 800 MW ultra-supercritical thermal power plant in Madhya Pradesh’s Anuppur district. 

The project, to be built under the Design, Build, Finance, Own, and Operate (DBFOO) model, represents an investment of nearly ₹10,500 crore and underscores the company’s growing role in meeting India’s rising energy needs.

Project and Financial Details

The upcoming plant will be executed within 54 months of the appointed date, powered by coal linkage allocated under the Government of India’s SHAKTI policy. The tariff has been fixed at ₹5.838 per unit, awarded after a competitive bidding process. 

The order is classified as domestic in nature, with no promoter or related party interest involved. APL has confirmed that the long-term supply from this plant will significantly contribute towards Madhya Pradesh’s electricity requirements, which have been climbing due to rapid industrialisation and urbanisation.

Employment Generation And Wider Impact

The construction phase of the project is expected to generate between 6,000 and 7,000 direct and indirect jobs, while around 1,000 jobs will be created once operations commence. By adding reliable and competitively priced power to the state’s grid, the project will strengthen Madhya Pradesh’s energy security and provide a boost to households and industries alike. The Anuppur facility will serve as an important pillar of sustainable power growth for the region.

Recent Project Awards And CEO Statement

This LoA is one of several large-scale orders secured by Adani Power in the past year. In September 2024, the company signed a letter of intent with Adani Green Energy to supply Maharashtra with 6,600 MW of power, including 5,000 MW solar and 1,600 MW thermal. May 2025 saw an LoA for a 1,600 MW thermal plant in Uttar Pradesh, while earlier this month Adani Power received approval for a 2,400 MW thermal project in Bihar. Adding the 800 MW Madhya Pradesh project, the company has strengthened its portfolio across key states. 

As per the exchange filing, CEO SB Khyalia said: “As India’s power demand continues to rise, driven by rapid economic growth, especially the base load power, it is imperative to invest in robust energy infrastructure to meet the nation’s growing needs. The Anuppur plant will play a pivotal role in ensuring reliable, affordable, and competitively priced power for households and businesses, strengthening India’s and Madhya Pradesh’s energy security and fueling continued progress in the state.”

Read More: Shree Digvijay Cement Denies Adani Group’s Interest in Its Assets!

Adani Power Share Price Performance 

As of September 1, 2025, at 9:22 AM, Adani Power share price is trading at ₹606.25 per share, reflecting a gain of 0.93% from the previous closing price. Over the past month, the stock has gained by 7.00%.

Conclusion

With this latest ₹10,500 crore investment, Adani Power now builds on its installed capacity of 18,110 MW of thermal power across India, along with its 40 MW solar project in Gujarat. As part of the larger Adani portfolio, the company continues to pursue its vision of making India power-surplus while delivering reliable and affordable electricity.

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