Mumbai, March 10, 2025 – Adani Power Limited (APL) has entered into a long-term 25-year Power Supply Agreement (PSA) with the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to provide 1,496 megawatts (MW) of electricity. This move is expected to significantly enhance Maharashtra's energy security and meet the rising power demand in the state.

Key Highlights of the Agreement

Power Supply Capacity: 1,496 MW

Duration: 25 years

Objective: To ensure a stable and long-term power supply for Maharashtra

Source of Power: Likely to be sourced from Adani Power’s existing and upcoming thermal power projects

The agreement aligns with Maharashtra's increasing demand for reliable electricity, especially in urban and industrial areas, where power consumption has surged due to rapid industrialization and urban expansion.

Boost for Maharashtra’s Energy Sector

MSEDCL, the state’s primary power distribution company, has been actively securing long-term agreements to prevent power shortages, particularly during peak summer months. The collaboration with Adani Power is expected to help in stabilizing the electricity supply and maintaining competitive tariffs for consumers.

An MSEDCL official commented, "This agreement will ensure Maharashtra has a steady and sufficient power supply for the next two decades, reducing the chances of blackouts or load shedding during high-demand seasons."

Adani Power’s Expansion Strategy

Adani Power has been aggressively expanding its energy footprint across India, focusing on thermal and renewable energy projects. The company has already secured multiple long-term contracts with various state utilities and industrial buyers.

An Adani Power spokesperson stated, "We are committed to supporting India's power needs through reliable, efficient, and sustainable energy solutions. This agreement with MSEDCL reinforces our dedication to ensuring Maharashtra's power security."

This deal comes at a time when Maharashtra is witnessing rapid economic growth, with increased power consumption across industries, IT hubs, and residential sectors. By securing power from Adani Power, the state aims to reduce dependency on short-term power purchases, often lead to fluctuating prices.

Conclusion

The 25-year power supply agreement between Adani Power and MSEDCL is a strategic move that will be crucial in shaping Maharashtra’s power landscape. It is expected to enhance energy security, ensure steady power tariffs, and contribute to the state’s long-term economic development.

This agreement further solidifies Adani Power’s position as one of India's leading energy providers, ensuring a stable and growing power infrastructure in Maharashtra.