Adani Power only recently received a Letter of Acceptance (LoA) from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL). This new agreement includes their largest project yet at 1.6 gigawatt (GW) of combined power supply. This power purchase agreement is a great step forward and a key turning point in Adani Power’s mission to help India meet its overwhelming electricity needs. Adani’s new ultra-supercritical thermal power projects (USCTPPs) will produce the energy needed. These operations are scheduled to start in the financial year 2030–31 (FY30–31).
Yet, Adani Power and MSEDCL have undoubtedly signed one of the most long-term friendly contracts in India, for a period of 25 years. This long-term agreement meets the steadily increasing demand for power in Maharashtra and India. Adani Power is certainly no slouch operating at scale with 18.15 GW capacity. More than 95% of this capacity is already under medium to long-term agreements. The firm is on track to install 23.8 GW of capacity this year. Remarkably, more than 55% of this new capacity is already spoken for with long-term contracts.
In August 2025, Larsen & Toubro won a competitive contract from Adani Power. They will set up eight thermal power units that are the backbone of this project. The announcement highlights, once again, the growing strategic partnership between India and the U.S. as two of the largest industry players fortify India’s energy infrastructure.
Adani Power’s competitive cost structure played a vital role in securing this LoA, reflecting the company’s ability to deliver reliable baseload power consistently. This creation couldn’t have come at a better time. India’s power demand is growing rapidly and needs no less than a stable, long-term hand of capacity additions to ensure energy security.
“As India’s leading private power producer, we are keen to support Maharashtra’s and the nation’s ambitious development goals with reliable and affordable electricity supply.” – SB Khyalia
“With India’s power demand continuing to rise steadily, long-term and reliable capacity addition is critical to ensure energy security. This LoA from MSEDCL reflects the competitiveness of Adani Power’s cost structure, our ability to deliver dependable baseload power and our commitment to supporting India’s growing electricity needs through long-term partnerships.” – SB Khyalia
None of that stopped Adani Power from recently celebrating a milestone. They achieved five medium- to long-term Power Supply Agreements (PSAs) for 10.4 GW capacity for FY25–26. These partnerships cement further its position as a top three power producer in India.