Adani Power Limited enters into a 25-year Power Supply Agreement with Uttarakhand Power Corporation Limited to supply 1,234 MW of thermal power. This is a milestone for Adani Power in its power supply business.
As per the regulatory filing made by the company dated November 4, 2026, the agreement provides for the ex-bus net power supply of 1,234 MW, along with installed generation capacity of 1,320 MW. Adani Power Limited has signed the PSA following its selection as the winning bidder in the tender issued by Uttarakhand Power Corporation Limited.
Adani Power Increases Its Long-Term Energy Portfolio
The 25-year agreement will provide for the supply of electricity on a long-term basis to Uttarakhand. At the same time, the PSA will add to the company’s list of contracted power supply agreements.
Earlier, Adani Power had received a Letter of Award from Uttarakhand Power Corporation Limited on October 14, 2026.
What Is the Meaning of the 1,234 MW Power Pact?
The 1,234 MW net power production agreement relates to power production of 1,234 MW from the power plant’s busbar, having a capacity of 1,320 MW.
A long-term electricity supply pact enables a structured arrangement between the power generator and electricity distributor company. It may also give better insight into future power supply obligations.
Financial Performance of Adani Power Limited
Adani Power Ltd. has shown good financial performance in the second quarter of FY2026-27.
The profit after tax has risen around 141.5% to ₹7,019.32 crore in Q2FY27 from ₹2,906.46 crore for the same quarter of the preceding financial year.
Revenue stood at about ₹19,950.60 crore on the back of increased power sales.
The company has been making progress with respect to its capacity expansion program targeting 23,720 MW of thermal power production capacity.
Electricity Demand in India
The growing electricity demand in India remains an important factor in the electricity generation business. Long-term agreements for supply, infrastructure development, and increase in power generation capabilities represent some of the recent trends in India’s energy sector.
The most recent agreement between Adani Power and Uttarakhand indicates that long-term electricity supply is increasingly becoming important in meeting the power needs of the state.
Conclusion
The agreement by Adani Power to supply electricity to the Uttarakhand Power Corporation Limited for a period of 25 years represents a major step towards enhancing its long-term power supply capability. Through this agreement, the company will increase its presence in India’s thermal power industry.
