Adani Share Price: Adani's company got a big order in UP, big action can be seen on the stock tomorrow

News Topical, Digital Desk : Adani Share Price: One of Adani's companies has received a big order. Now due to this, big action can be seen on its shares tomorrow. Adani Power Limited said that it has got a contract to supply 1,500 MW thermal power to Uttar Pradesh at a levelized tariff of Rs 5.383 per unit. The company gave this information on May 10, 2025.

The power will be supplied from a greenfield ultra-supercritical thermal power plant with a 2x800 MW configuration (1,500 MW net capacity), which the company will set up in the state under the design, build, finance, own and operate (DBFOO) model.

Project with an investment of Rs 16,600 crore The proposed project with an estimated investment of about $2 billion (about Rs 16,600 crore) got formal approval from the Uttar Pradesh Cabinet earlier this month. After the issuance of the Letter of Award (LoA), Adani Power is set to enter into a long-term power supply agreement (PSA) with Uttar Pradesh Power Corporation Limited (UPPCL). Adani Power Share Price Let us tell you that Adani Power's stock closed 0.95 percent down at Rs 515.25 (Adani Power Stock Price) on Friday. It has fallen by 2.30 percent in 5 days, 0.58 percent in 1 month, 11.00 percent in 6 months and 13.39 percent in 1 year. This is the company's plan Adani Power Chief Executive Officer S B Khyalia said that we are happy to win the competitive bid for the supply of 1,500 MW electricity to the state of UP and feel privileged to play a leading role in meeting the state's rapidly growing electricity demand. We plan to set up a modern and low-emission ultra-supercritical plant in UP and aim to start supplying reliable and high-quality electricity by financial year 2030.

Read More: Nazara Technologies stock has been on a bullish trend for 5 days! Prices double in 2 years