2 Adani companies sign pacts with MSEDCL to supply 6,500 MW power 
Corporate Watch

2 Adani companies sign pacts with MSEDCL to supply 6,500 MW power

Adani Power and Adani Renewable Energy Fifty Five Limited will supply about 6,500 MW of power to Maharashtra State Electricity Distribution Company as part of agreements

PTI

New Delhi: Two Adani Group firms -- Adani Power and Adani Renewable Energy Fifty Five Limited -- will supply about 6,500 MW of power to Maharashtra State Electricity Distribution Company as part of agreements.

In a regulatory filing, Adani Power Ltd said it has signed an agreement with Maharashtra State Electricity Distribution Company to supply nearly 1,500 MW of power.

PSU Watch is now on Whatsapp Channels. Click here to join

"Adani Power Limited has entered into a Power Supply Agreement (PSA) for supply of 1,496 MW (net) for a period of 25 years with the Maharashtra State Electricity Distribution Company Limited (MSEDCL)," it said.

In a separate filing, Adani Green Energy Ltd (AGEL) said its wholly-owned step-down subsidiary Adani Renewable Energy Fifty Five Limited has entered into power purchase agreements with MSEDCL for supply of 5,000 MW of solar power.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

ONGC uses stuck Russian dividend dues for Sakhalin fund, seeks operatorship of Venezuela oilfields

Marathwada Water Grid project to get Rs 20,000 crore JICA funding: Fadnavis

Oil India reports fire at Tengakhat tank farm; one worker killed, six injured

IGX gas trade volume rises 326% year-on-year in October

Rupee falls 9 paise to 94.50 against US dollar as crude oil prices rise