Uttarakhand Approves 1,320 MW Power Procurement from Adani Power
The Uttarakhand Cabinet has given its approval for Uttarakhand Power Corporation Limited (UPCL) to procure 1,320 MW of coal-based power from Adani Power Limited. The agreement is set for a 25-year period at a tariff of Rs 5.746 per unit. Adani Power Limited was selected as the lowest bidder in the procurement process.
This procurement is intended to bolster energy security and provide a consistent base-load power supply within the state. The Cabinet has authorized UPCL to proceed with signing the power supply agreement and other necessary documentation with Adani Power Limited. Additionally, UPCL is tasked with fulfilling all contractual conditions and securing the required statutory approvals from the Uttarakhand Electricity Regulatory Commission.