Adani Power Limited has secured a letter of award (LoA) to supply 1,500 MW of thermal power to Uttar Pradesh at a tariff of Rs 5.38 per unit through a competitive bidding process.
As part of the agreement, the company will set up a greenfield 2×800 MW (1,500 MW) ultra-supercritical thermal power plant in Uttar Pradesh under the design, build, finance, own, and operate model. The project includes an investment of approximately USD2 billion.