The Supreme Court of India has allowed an appeal by Adani Power Limited, holding that the levy of customs duty on electricity supplied from its Special Economic Zone (SEZ) plant to the Domestic Tariff Area (DTA) lacked legal authority. The Court has directed the Union of India to refund the duties collected between 16 September…
Adani Power Limited and Adani Green Energy have secured Letters of Award from the Assam Government for two large energy projects worth about Rs 63,000 crore. The package includes a 3,200 MW ultra supercritical thermal plant and two pumped storage plants with a combined 2,700 MW, which together represent the biggest private sector investment in…
Adani Power Limited (APL) and Bhutan’s state-owned Druk Green Power Corporation Ltd (DGPC) have formed a joint venture company to develop the 570 MW Wangchhu hydroelectric project in Bhutan. The new entity, Wangchhu Hydroelectric Power Limited (WHPL), was incorporated in Bhutan on October 15, 2025. The joint venture follows a shareholders’ agreement signed in September…
The Securities and Exchange Board of India (SEBI) has closed its inquiry into Adani Power Limited and other Adani Group firms without penalty, concluding that allegations of irregular loan transactions were not established. The case originated from claims in the Hindenburg Research report published in January 2023. SEBI issued two final orders on September 18,…
Adani Power Limited plans to set up a 2400 MW ultra-supercritical thermal power plant at Pirpaithi in Bhagalpur district, Bihar. The project is being developed on 1,050 acres allotted to the company and will be executed in three phases of 800 MW each. The company has entered into a 25-year Power Supply Agreement (PSA) with…
Adani Power Limited has entered into a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Limited (BSPGCL) for 2,400 megawatts (MW) of electricity from a proposed ultra-supercritical thermal power plant in Bhagalpur district. The PSA was signed on September 12, 2025, following the Letter of Award issued to the company in August….
Adani Power Limited has secured a Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL) for the supply of an additional 800 MW of power under the greenshoe option. With this, the total awarded capacity has increased to 1,600 MW. The project will involve setting up a 1,600 MW ultra-supercritical thermal power plant…
Adani Power and Druk Green Power Corporation Ltd. (DGPC) have formalised agreements with the Royal Government of Bhutan to develop the 570 MW Wangchhu hydroelectric project, with construction expected to begin in 2026. The Shareholders Agreement for the project was signed between Adani Power and DGPC, alongside the initialling of the Power Purchase Agreement. The…
Adani Power Limited has received a Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL) to supply power from a proposed 800 MW ultra-supercritical thermal project in Anuppur district, Madhya Pradesh. The company disclosed the development to stock exchanges on August 29, 2025, under Regulation 30 of the SEBI (Listing Obligations and Disclosure…
Power Mech Projects Limited has received an order worth Rs 370.84 crore from Mahan Energen Limited, a subsidiary of Adani Power Limited. The contract covers civil works and the erection of prefabricated structural steel for units 1 and 2 of the Mahan Phase-III power project at Singrauli, Madhya Pradesh. The scope of work includes the…