Adani Power clinches massive Rs21,000 crore thermal deal in defiance of green transition
Adani Power has secured a 1,600MW thermal power project from Madhya Pradesh Power Management Company, requiring capital investment of Rs21,000 crore in what represents one of India’s largest recent thermal generation awards. The contract strengthens the Adani group’s position in conventional power generation despite accelerating renewable energy adoption across the country.
The project award comes as state electricity utilities seek reliable baseload power capacity to complement intermittent renewable energy sources. Madhya Pradesh’s decision to proceed with thermal capacity addition reflects practical challenges in achieving grid stability through renewable energy alone, particularly during peak demand periods.
Adani Power’s successful bid reportedly offered competitive tariffs whil...




