Adani Power to Supply 1,500 MW to UP from New Greenfield Plant
In a significant development for the Indian power sector, Adani Power has emerged as the winner of a competitive bid to supply 1,500 MW of thermal power to the state of Uttar Pradesh at a competitive tariff of ₹5.383/unit. The power will be generated from a new greenfield 2×800 MW ultra-supercritical plant that Adani Power will build under the Design, Build, Finance, Own & Operate (DBFOO) model.
This landmark deal not only underscores Adani Power’s commitment to strengthening India’s power infrastructure but also reinforces its position as a major player in the country’s energy landscape. With this latest development, Adani Power has further solidified its presence in the power sector, which is critical for the country’s economic growth and development.
The DBFOO model adopted by Adani Power for this project enables the company to take a holistic approach to power generation, encompassing design, construction, financing, ownership, and operation of the power plant. This integrated approach allows Adani Power to optimize costs, improve efficiency, and ensure a smoother transition from construction to commercial operation.
The 2×800 MW ultra-supercritical plant, which will be built from scratch, will be equipped with state-of-the-art technology and machinery to ensure high efficiency, reliability, and environmental sustainability. The plant will also be designed to meet the stringent emission norms and environmental regulations, making it an attractive option for the state of Uttar Pradesh and the country at large.
Adani Power’s winning bid of ₹5.383/unit is a testament to the company’s ability to deliver power at competitive tariffs while maintaining high standards of quality and reliability. This tariff is significantly lower than the average tariff of ₹6-7 per unit prevalent in the power sector, making it an attractive option for the Uttar Pradesh government and its consumers.
The 1,500 MW of thermal power that Adani Power will supply to Uttar Pradesh will be a significant boost to the state’s power infrastructure, helping to bridge the demand-supply gap and ensure a reliable and consistent power supply to industries, households, and commercial establishments. The power plant is expected to be commissioned in the next few years, providing a much-needed fillip to the state’s economic growth and development.
Adani Power’s foray into the Uttar Pradesh power market is a strategic move to expand its presence in the country’s power sector. The company has already made significant inroads in the sector, with a portfolio of power assets across various states, including Gujarat, Maharashtra, and Tamil Nadu. The Uttar Pradesh project is expected to be a significant addition to Adani Power’s portfolio, further solidifying its position as a major player in the Indian power sector.
In conclusion, Adani Power’s winning bid to supply 1,500 MW of thermal power to Uttar Pradesh at a competitive tariff of ₹5.383/unit is a significant development for the Indian power sector. The project, which will be built under the DBFOO model, underscores Adani Power’s commitment to delivering high-quality power at competitive tariffs while maintaining high standards of quality and reliability. As the country continues to grapple with the challenges of power generation and distribution, Adani Power’s efforts to strengthen India’s power infrastructure will play a critical role in driving economic growth and development.
