Adani Power shares rise 0.72%; secures additional 800 MW capacity from Madhya Pradesh 

Adani Power Limited shares traded at ₹639.00, up ₹4.55 or 0.72% from the previous close of ₹634.45 on the National Stock Exchange as of 11.44 AM on Thursday. The stock opened at ₹638.50 and touched a high of ₹653.00 during morning trade, with heavy trading volume of 543.64 lakh shares worth ₹3,323.27 crore.

The company announced that it received an additional Letter of Award from MP Power Management Company Limited for 800 MW capacity under the “Greenshoe Option.” This brings Adani Power’s total awarded capacity from MPPMCL to 1,600 MW, doubling from the initial 800 MW awarded on August 29, 2025.

The additional capacity comes at the same tariff of ₹5.838 per kWh as the earlier awarded project. Adani Power will set up a new 1,600 MW ultra-supercritical thermal power plant in Anuppur district of Madhya Pradesh under the Design, Build, Finance, Own and Operate model. The company plans to invest approximately ₹21,000 crore for the entire 1,600 MW project.

This marks the fifth major power supply order for Adani Power in the last 12 months, taking total awarded capacity to 7,200 MW. The project represents India’s first adoption of a greenshoe option in thermal power tendering. Both units are expected to be commissioned within 60 months from the appointed date, with coal linkage allocated under the government’s SHAKTI Policy.

Published on September 11, 2025