Adani Power Limited has inked a crucial 25-year Power Supply Agreement (PSA) with Uttarakhand Power Corporation Limited (UPCL). This agreement secures a net supply of 1,234 MW (with an installed capacity of 1,320 MW) of thermal power. The signing follows Adani Power’s successful bid in a tender issued by UPCL, marking a significant step in the company’s long-term revenue and operational planning.
Adani Power Secures Long-Term Power Supply Deal
Adani Power Limited has announced the signing of a significant 25-year Power Supply Agreement (PSA) with Uttarakhand Power Corporation Limited (UPCL). This landmark agreement formalizes the supply of 1,234 MW on an ex-bus net basis, corresponding to an installed capacity of 1,320 MW of thermal power. The contract marks a substantial step forward for Adani Power, ensuring predictable revenue streams and operational stability for over two decades.
Key Details of the Agreement
The PSA was signed on November 04, 2026, following Adani Power Limited’s declaration as the successful bidder in a competitive tender process initiated by UPCL. This successful bid and subsequent agreement underscore the company’s competitive strength in the power sector and its ability to secure large-scale, long-term contracts. The agreement is in continuation of an earlier intimation dated October 14, 2026.
Strategic Implications
This long-term Power Supply Agreement provides Adani Power with significant revenue visibility and operational certainty. Securing a 25-year contract for a substantial capacity of 1,234 MW is a testament to the company’s strategic positioning and its role in meeting the growing power demands of the region.
Source: BSE
