Follow India Renewable Energy News on WhatsApp for exclusive updates on clean energy news and insights

Adani Power Secures 558 MW Power Supply Contract from TNPDCL

Adani Power has announced that its subsidiary, Moxie Power Generation Ltd. (MPGL), has received a Letter of Award (LoA) from Tamil Nadu Power Distribution Corporation Limited for the supply of 558 MW (net) of electricity over a five-year period.

MPGL operates a 1,200 MW (2x600 MW) thermal power plant in Tuticorin, Tamil Nadu. The company secured the contract after emerging as the lowest bidder in a competitive tender process, quoting a tariff of Rs5.910 per unit. Power supply under the agreement is scheduled to commence on April 1, 2026.

With this development, both generating units at the Tuticorin facility are now covered under power supply agreements. The company stated that over 95% of its total operational capacity is currently tied to medium- and long-term contracts, enhancing revenue predictability and reducing exposure to short-term market fluctuations. Adani Power aims to achieve near-complete PPA coverage for all operational and upcoming commissioned plants in the coming years.

The agreement is expected to strengthen Tamil Nadu’s power availability by adding 558 MW of dependable supply, improving grid reliability and ensuring consistent electricity access for residential, commercial, and industrial consumers. The competitive tariff is also anticipated to support cost-effective power procurement for the state.