Adani Power wins joint bid for 25-year power deal to supply Maharashtra state
Sept 15 (Reuters) -Adani Power ADAN.NS and Adani Green Energy ADNA.NS have won a combined bid to supply 6,600 MW of renewable and thermal power to Maharashtra state for 25 years, the companies said in a joint statement.
Adani Green Energy's wind-solar plant in Jaisalmer in Rajasthan state has been supplying Mumbai, the capital of Maharashtra state, with green energy since March 2023.
The new contract will enable Adani Green Energy and Adani Power to bolster their presence in Maharashtra state.
Under the bid, Adani Green Energy will supply 5,000 MW of solar power from its renewable energy park in Khavda in Kutch district of Gujarat State and Adani Power will supply 1,600 MW of thermal power from a new plant.
Maharashtra State Electricity Distribution Company issued a letter of intent assigning the contract to Adani Power and will be signing separate agreements with both companies for their respective power supply, Adani Power said in a statement.
Power consumption in Maharashtra is expected to reach 200 terawatt hours by 2028, 32% of which is expected to come from renewable sources, based on the state's estimates.
Reporting by Dhwani Pandya. Editing by Jane Merriman
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