Adani Power Secures 1,600 MW Supply Contract in UP
POWER & RENEWABLE ENERGY

Adani Power Secures 1,600 MW Supply Contract in UP

The Uttar Pradesh Cabinet has approved a 25-year power purchase agreement (PPA) between Uttar Pradesh Power Corporation Limited (UPPCL) and Adani Power Limited (APL) for the supply of 1,600 megawatts of electricity. APL won the contract through a competitive bidding process held in October 2024, and the power will be delivered from a new thermal power plant to be developed in the state.

In a parallel development, Adani Saur Urja (LA) Limited, a wholly-owned subsidiary of Adani Green Energy, secured a contract to provide 1,250 megawatts of energy storage capacity through pumped hydro projects. The project, located in Sonbhadra district, is expected to be completed within six years and will operate under a 40-year agreement. The annual fixed cost for the project is set at Rs 7.65 million per megawatt, excluding taxes.

These developments support India's clean energy goals, providing integrated storage solutions for round-the-clock renewable power.

Financially, Adani Power reported a 21.4 per cent increase in consolidated continuing profit before tax at Rs 139.26 billion in FY25, up from Rs 114.70 billion in FY24. Total revenue rose 10.8 per cent to Rs 564.73 billion, driven by higher volumes despite lower tariff realisation. The company generated 102.2 billion units of power in FY25, a 19.5 per cent rise from FY24.

Source:Indo-Asian News Service (via NDTV)


The Uttar Pradesh Cabinet has approved a 25-year power purchase agreement (PPA) between Uttar Pradesh Power Corporation Limited (UPPCL) and Adani Power Limited (APL) for the supply of 1,600 megawatts of electricity. APL won the contract through a competitive bidding process held in October 2024, and the power will be delivered from a new thermal power plant to be developed in the state.In a parallel development, Adani Saur Urja (LA) Limited, a wholly-owned subsidiary of Adani Green Energy, secured a contract to provide 1,250 megawatts of energy storage capacity through pumped hydro projects. The project, located in Sonbhadra district, is expected to be completed within six years and will operate under a 40-year agreement. The annual fixed cost for the project is set at Rs 7.65 million per megawatt, excluding taxes.These developments support India's clean energy goals, providing integrated storage solutions for round-the-clock renewable power.Financially, Adani Power reported a 21.4 per cent increase in consolidated continuing profit before tax at Rs 139.26 billion in FY25, up from Rs 114.70 billion in FY24. Total revenue rose 10.8 per cent to Rs 564.73 billion, driven by higher volumes despite lower tariff realisation. The company generated 102.2 billion units of power in FY25, a 19.5 per cent rise from FY24.Source:Indo-Asian News Service (via NDTV)

Next Story
Real Estate

CRDA Approves Rs 17.32 Bn Tenders for Housing and Infra

The Capital Region Development Authority (CRDA), during its forty-seventh meeting chaired by Chief Minister N. Chandrababu Naidu, approved tenders worth Rs 17.32 billion to develop key infrastructure in Amaravati’s core capital area.Municipal Administration and Urban Development Minister Ponguru Narayana announced that Rs 5.14 billion was sanctioned for completing gazetted officers’ towers initiated between 2014 and 2019. In addition, Rs 1.94 billion was approved for external infrastructure, Rs 5.07 billion for nine towers for non-gazetted employees, and Rs 5.17 billion for twelve new towe..

Next Story
Real Estate

Prestige Estates Nets Rs 30 Bn in NCR Debut Launch

Prestige Estates Projects Limited has recorded sales of over Rs 30 billion within one week of launching its first residential project in the National Capital Region (NCR). The project, The Prestige City, located in Indirapuram Extension on National Highway twenty-four, sold one thousand two hundred units during its initial launch phase.This marks the Bengaluru-based developer’s maiden entry into NCR’s residential real estate market. The company attributes the strong response to brand trust, strategic location, and rising demand for premium, planned communities.The launch covered two reside..

Next Story
Infrastructure Transport

Palakkad Railway Division Upgrades Turnouts for Safety

The Southern Railway’s Palakkad Division has implemented a series of infrastructure upgrades to enhance train safety and operational efficiency. Over the past one year, the division has replaced one hundred thirty-three ageing fifty-two kilogram turnouts with robust sixty kilogram Thick Web Switches, engineered for high-speed durability and increased strength.Seventy-seven track layouts were corrected using advanced computer-based geometry solutions, involving precise longitudinal and lateral alignment with the aid of the T-28 Track Relaying Machine. These corrections improve track stability..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?