Adani Power Set to Deliver 558 MW of Quality Electricity to Tamil Nadu
Synopsis
Adani Power's subsidiary, Moxie Power Generation Ltd, has secured a significant power supply agreement with TNPDCL, promising to deliver 558 MW of reliable electricity to Tamil Nadu consumers over five years, enhancing energy stability and affordability.
Key Takeaways
Adani Power's subsidiary has secured a 558 MW power supply agreement.
The contract will last for five years Power supply begins on April 1, 2026 .
Tariff set at Rs 5.910 per unit.
Over 95 percent of Adani's capacity is secured under contracts.
Ahmedabad, Feb 24 (NationPress) - On Tuesday, Adani Power announced that its subsidiary, Moxie Power Generation Ltd (MPGL), has been awarded a Letter of Award (LoA) by the Tamil Nadu Power Distribution Corporation (TNPDCL) for the provision of 558 MW (net) of power over the next five years.
This power supply agreement is anticipated to greatly benefit consumers in Tamil Nadu by delivering an extra 558 MW of dependable and high-quality electricity, thereby improving grid stability and ensuring consistent power supply to homes, businesses, and industries.
Moxie Power operates a 1,200 MW (2X 600 MW) power plant located in Tuticorin, Tamil Nadu.
The company secured the contract as the lowest bidder, proposing a tariff of Rs 5.910 per unit, with electricity supply set to commence on April 1, 2026. Adani Power, recognized as India’s largest private power producer, boasts a generation capacity of 18.15 GW.
With both units of the plant now under power supply agreements, over 95 percent of Adani Power’s operational capacity is committed through medium to long-term contracts, as stated by the Adani Group.
“This arrangement significantly enhances long-term revenue visibility and protects the company from short-term market fluctuations. The goal is to secure nearly 100 percent of Power Purchase Agreements (PPAs) for all current and upcoming plants in the next few years,” the company declared.
By obtaining power at an attractive tariff, consumers can expect to receive more affordable and reliable energy in the foreseeable future.
Adani Power has a thermal power capacity of 18,110 MW distributed across 12 plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil Nadu, including a 40 MW solar power facility in Gujarat.
In the third quarter (Q3) of FY26, Adani Power recorded a 5.3 percent increase in its continuing profit before tax (PBT), amounting to Rs 2,800 crore, up from Rs 2,659 crore in the same period last year, primarily due to reduced finance costs and steady operational performance.
Point of View
The agreement between Adani Power and Tamil Nadu Power Distribution Corporation marks a strategic move towards enhancing energy stability in the region. This development not only promises affordable electricity but also strengthens the overall grid reliability, which is crucial for both consumers and the economy.
NationPress
21 Jun 2026
Frequently Asked Questions
What is the capacity of power supplied by Adani Power?
Adani Power will supply 558 MW of net power to Tamil Nadu through its subsidiary Moxie Power Generation Ltd.
When will the power supply begin?
The power supply is scheduled to commence on April 1, 2026.
What is the tariff rate for the supplied power?
The tariff for the supplied power is Rs 5.910 per unit.
How does this agreement benefit consumers?
This agreement aims to provide consumers with additional reliable power, enhance grid stability, and support uninterrupted electricity supply.
What is the total generation capacity of Adani Power?
Adani Power boasts a total generation capacity of 18.15 GW .
