Adani Power Limited has received a Letter of Award (LoA) from Uttarakhand Power Corporation Limited (UPCL) to supply 1,234 MW of ex-bus net thermal power (1,320 MW installed capacity) under a long-term Power Supply Agreement (PSA), the company informed the stock exchanges today.
The company was declared the successful bidder in the tender issued by UPCL. The power supply under the PSA will run for 25 years.
The LoA remains subject to approval from the Uttarakhand Electricity Regulatory Commission for the adoption of tariff under Section 63 of the Electricity Act, 2003.
According to the company’s regulatory filing dated October 14, 2026, the LoA was received on October 13, 2026.
The contract has been awarded by a domestic entity and is a domestic order. It covers long-term ex-bus net supply of 1,234 MW, backed by 1,320 MW of installed thermal capacity. The significant terms and conditions will follow the provisions of the tender floated by UPCL and the conditions stated in the LoA.
