1 week ago
Uttarakhand approves 1,320 MW power purchase from Adani Power
Uttarakhand wants to secure a steady supply of electricity for its residents.
Its Cabinet approved buying 1,320 megawatts of coal-based power from Adani Power Limited.
The power will come from the company’s thermal plant in Chhattisgarh.
The deal will last for 25 years.
The state will pay ₹5.746 for each unit of electricity.
Adani Power was selected as the lowest bidder.
Uttarakhand Power Corporation Limited will sign the agreement.
The deal still requires approvals from the state electricity regulator.
The Uttarakhand Cabinet approved purchasing 1,320 MW of coal-based electricity from Adani Power Limited.
The agreement includes 1,234 MW of contracted capacity for 25 years.
The approved tariff is ₹5.746 per unit.
Uttarakhand Power Corporation Limited submitted the proposal after Adani Power emerged as the lowest bidder.
The Cabinet authorised UPCL to sign the Power Supply Agreement, subject to statutory approvals from the Uttarakhand Electricity Regulatory Commission.
- Who
- The Uttarakhand Cabinet, Uttarakhand Power Corporation Limited, and Adani Power Limited.
- What
- Approval was given to purchase 1,320 MW of coal-based power, including 1,234 MW of contracted capacity, for 25 years.
- Where
- The electricity will be sourced from Adani Group’s thermal power plant in Chhattisgarh for supply across Uttarakhand.
- When
- The decision was approved on Tuesday, August 25; the year was not specified.
- Why
- To support energy security and provide a reliable supply of baseload electricity across Uttarakhand.
Key facts
- Purchaser
- Uttarakhand Power Corporation Limited on behalf of the state
- Supplier
- Adani Power Limited
- Approved capacity
- 1,320 MW
- Contracted capacity
- 1,234 MW
- Contract period
- 25 years
- Tariff
- ₹5.746 per unit
- Required approval
- Uttarakhand Electricity Regulatory Commission
Sources
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