Adani Power Share Price Jumps After ₹10,500 Crore MP Project Contract

In the stock market today, Monday, September 1, 2025, the share price of Adani Power saw a rise in the morning trade. This jump has come after a big announcement made by the company over the weekend. The company has got a contract to build a large power plant in Madhya Pradesh, which has excited investors.

Adani Power Share Price Jumps in Morning Trade

Stock Opens Higher, Gains Over 2%: As soon as the morning trade started, Adani Power's stock opened at Rs 606 and then rose sharply to reach the day's high of Rs 614.80. In this way, the company's stock registered a gain of more than two percent. This rise in the market is a direct effect of the important announcement made by the company on Saturday, August 30.

Adani Power Bags Major Contract in Madhya Pradesh

Adani Power on Saturday officially announced that it has received a 'Letter of Award' (LoA) from 'MP Power Management Company Limited' (MPPMCL).

800 MW Ultra-Supercritical Thermal Power Project in Anuppur: The contract is for the construction of a new 800 MW ultra-supercritical thermal power project/plant in Anuppur district of Madhya Pradesh and the supply of power from there.

Project Model and Fuel Supply under Shakti Policy

The new power plant will be set up under the 'Design, Build, Finance, Own and Operate' (DBFOO) model. The fuel (coal) will be supplied from coal linkage allocated under the 'Shakti Policy' of the Central Government. The nature of the project is defined as "long-term power supply from an 800 MW ultra-supercritical thermal power project/plant to be set up in Anuppur district of Madhya Pradesh".

Project timeline

The company will have 54 months from the 'appointed date' to complete the project. During this time, the construction and commissioning of the plant will have to be completed.

Investment and employment opportunities

₹10,500 Crore Investment and 54-Month Deadline: Adani Power will invest around Rs 10,500 crore in the project, which includes setting up the plant and related infrastructure. This ambitious project will also create employment opportunities.

Thousands of Jobs to Be Created During Construction and Operations: It is estimated that 6,000 to 7,000 people will get direct and indirect employment during the construction phase and about 1,000 personnel will be employed once operations begin.

Contracts rain on the company

This is the fourth major power supply contract received by Adani Power in the last 12 months. Earlier, in September 2024, Adani Power and Adani Green Energy received a composite power supply contract of 6,600 MW (5,000 MW solar and 1,600 MW thermal) from the state of Maharashtra.

In May 2025, the company received a contract (LoA) from the Uttar Pradesh government to supply 1,600 MW of power from a greenfield plant in the state. In August 2025, the company received a LoA from the Bihar government to supply 2,400 MW of power from a new power plant to be set up in the state.

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