Adani Power Secures Letter of Acceptance for total 1600 MW Capacity from MPPMCL
Adani Power Ltd. has announced that it has been awarded a total of 1600 MW capacity by MP Power Management Company Limited , the company has received a Letter of Award (LoA) from MPPMCL, awarding 800 MW additional capacity under the ‘Greenshoe Option.’
Ahmedabad, September 11, 2025: Adani Power Ltd. (APL) has announced that it has been awarded a total of 1600 MW capacity by MP Power Management Company Limited (MPPMCL) under the recently concluded tendering process. The company has received a Letter of Award (LoA) from MPPMCL, awarding 800 MW additional capacity under the ‘Greenshoe Option.’
This is in addition to winning an initial 800 MW capacity in the same bidding process. The additional capacity of 800 MW awarded is at the same tariff of Rs. 5.838/kWh applicable to the earlier awarded 800 MW capacity.
Accordingly, APL will supply power from a new 1600 MW (800 MW x 2) ultra-supercritical thermal power unit, to be set up under the Design, Build, Finance, Own, and Operate (DBFOO) model, in the Anuppur district of Madhya Pradesh. Both the units will be commissioned within 60 months of the appointed date. The company will invest around Rs 21,000 crore towards setting up the plant and related infrastructure.
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According to the press release, the development marks a first-of-its-kind adoption of the greenshoe option in a thermal power tender in India. This innovative inclusion of a greenshoe mechanism in coal-based power procurement will help Madhya Pradesh in meeting its ever-growing electricity demand owing to increased industrialization and urbanization, enhancing energy security for the state. The coal linkage for the power plant has been allocated under the SHAKTI Policy of the Government of India.
The project is expected to generate direct and indirect employment of around 9,000–10,000 during the construction phase and 2,000 once in operation. The company expects to execute the Power Supply Agreement (PSA) in due course with the State Discom.
Read Also : Adani Power Secures Letter of Acceptance for total 1600 MW Capacity from MPPMCL