Adani Power Arm Wins 558 MW Power Supply Contract from Tamil Nadu Discom

Adani Power, has said its subsidiary Moxie Power Generation (MPGL) has received a Letter of Award (LoA) from Tamil Nadu Power Distribution Corporation (TNPDCL) for supply of 558 MW (net) of power for a period of five years. 

Moxie Power operates a 1,200 MW (2X 600 MW) power plant in Tuticorin, Tamil Nadu. It emerged as the lowest bidder in a tightly contested bid by offering a tariff of INR 5.910 per unit, with supply starting April 1st, 2026. Now, both units of the plant have power supply agreements, and more than 95 percent of Adani Power’s total operating capacity is secured with medium to long-term contracts. This provides significant long-term revenue visibility and also derisks the company from short-term market volatility. The company aims to achieve almost 100 percent PPA tie-up for all its operational and under commissioning plants over the coming years.

This power supply agreement is expected to benefit Tamil Nadu consumers by providing an additional 558 MW of reliable and high-quality power, enhance grid stability and support uninterrupted electricity supply to households, businesses and industries. By securing power at a competitive tariff, consumers are expected to benefit from more affordable and dependable energy in the years ahead.