2 min read Last Updated : Sep 11 2025 | 9:06 AM IST
Adani Power Limited on Thursday received an additional Letter of Award (LoA) from MP Power Management Company Limited (MPPMCL) for the supply of 800 megawatt (MW) power under the greenshoe option, the company said in a filing.
The capacity will be supplied from a new 800 MW ultra-supercritical thermal power project in Anuppur District, Madhya Pradesh. This is in addition to the earlier LoA of 800 MW received on August 29, taking the total awarded capacity from MPPMCL to 1,600 MW.
Commenting on the project, S B Khyalia, chief executive, Adani Power, said: “We are delighted to strengthen our partnership with MP. This reinforces our commitment to provide reliable, affordable, and sustainable power to the state and its people while supporting India’s energy security and economic growth.”
Project to attract investment, create jobs
Adani Power will invest around ₹21,000 crore towards setting up the plant and related infrastructure. The project is expected to generate direct and indirect employment of around 9,000-10,000 during the construction phase and at least 2,000 once in operation.
The company said that both units will be implemented under the Design, Build, Finance, Own, and Operate (DBFOO) model, at a tariff of ₹5.838/kWh. The project will utilise coal linkage allocated under the Government of India’s SHAKTI Policy.
First adoption of the greenshoe option
The project also marks the first-ever adoption of a greenshoe option in a thermal power tender in India, enabling Madhya Pradesh to meet its growing electricity demand resulting from industrialisation and urbanisation, while strengthening its energy security.
Recent orders
September 2024: Received letter of interest for 6,600 MW order (5,000 MW solar + 1,600 MW thermal) from Maharashtra
May 2025: Awarded 1,600 MW from Uttar Pradesh
August 2025: Awarded 2,400 MW from Bihar
August 2025: Initially awarded 800 MW from Madhya Pradesh (now scaled to 1,600 MW).
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