Adani Power Receives LoA from MSEDCL for 1,600 MW Long Term Power Supply Ahmedabad, 15 March 2026: Adani Power Ltd (APL), India’s largest private sector power generator, announced it has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for the supply of 1,600 MW of power from one of its upcoming ultra-supercritical thermal power projects (USCTPP). The LoA follows Adani Power’s success in a competitive bidding process, where the company emerged as the lowest-tariff bidder, offering power at a combined tariff of Rs 5.30 per kilowatt-hour. The power supply under the proposed 25-year Power Supply Agreement (PSA) is set to commence from the financial year 2030-31. This achievement marks another significant PSA win for Adani Power amid renewed investments in the thermal power sector. The company has positioned itself as a leading provider of new generation capacity, supporting India’s goal of adding 100 GW of thermal power capacity by 2032. During FY25-26, Adani Power secured five long-term PSA bids with a combined capacity of 10,400 MW. S.B. Khyalia, CEO of Adani Power Ltd, emphasized the importance of long-term capacity addition to meet rising energy demands. “This LoA from MSEDCL reflects the competitiveness of Adani Power’s cost structure, our ability to deliver dependable baseload power, and our commitment to supporting India’s growing electricity needs through long-term partnerships,” he stated. “As India’s leading private power producer, we are keen to support Maharashtra’s and the nation’s ambitious development goals with reliable and affordable electricity supply.” With this development, Adani Power has now secured long-term PSAs for 13.3 GW of its 23.#adani_power #masedcl #ultra_supercritical_thermal_power_project #power_supply_agreement
Power stocks rise today; Adani Power gains 2% after 1,600 MW deal win The power sector witnessed a surge in buying interest today, with Adani Power leading the gains after securing a significant business development. Shares of Adani Power climbed by 2% following news of a 1,600 MW deal, which has positioned the company as a key player in the sector. Other power stocks such as Tata Power, NLC India, and Torrent Power also saw upward movement, reflecting broader optimism in the market. The deal win has drawn attention to Adani Power’s expanding footprint in the energy sector, with the 1,600 MW project likely to bolster its capacity and revenue streams. Analysts noted that the company’s focus on renewable energy projects has strengthened its position in the competitive power market. Meanwhile, Tata Power and Torrent Power also reported positive momentum, driven by similar business developments and improved investor sentiment. NLC India, a major player in the power generation space, also saw its shares rise, indicating renewed confidence in the sector’s growth potential. The overall uptick in power stocks suggests that investors are optimistic about the industry’s prospects, particularly with ongoing infrastructure investments and government support for clean energy initiatives. The market’s positive reaction underscores the importance of power companies in India’s economic landscape, where energy demand continues to rise alongside industrial and residential consumption. Adani Power’s recent success highlights the sector’s potential for growth, even as companies navigate challenges such as regulatory changes and fluctuating fuel prices. The deal is expected to contribute to Adani Power’s long-term strategy of diversifying its energy portfolio and expanding its operations.#tata_power #adani_power #torrent_power #power_sector #nlc_india
Adani Power share price surges up to 4.5% as the company secures a Letter of Award for 1,600 MW long-term power supply Shares of Adani Power (APL) rose as much as 4.55% to ₹153.25 on the NSE on March 16, 2026, following the announcement of a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company Ltd. (MSEDCL). The LoA pertains to the supply of 1,600 MW of power from one of Adani Power’s upcoming ultra-supercritical thermal power projects (USCTPP). The company highlighted that the LoA was secured through a competitive bidding process, where it emerged as the lowest-tariff bidder, offering power at a combined tariff of Rs 5.30 per kilowatt-hour. The power supply under the proposed 25-year Power Supply Agreement (PSA) is set to commence in the financial year 2030-31. This marks another significant milestone for Adani Power, which has already secured five long-term PSA bids during FY25-26, totaling 10,400 MW of capacity. The company emphasized that this achievement aligns with the renewed investment surge in the thermal power sector and underscores its role as a leading provider of new-generation capacity. Adani Power has now tied up long-term PSAs for 13.3 GW of its 23.8 GW under-implementation pipeline, representing a major step toward its goal of securing nearly its entire capacity under such contracts. Over 95% of the company’s current operating capacity of 18.15 GW is already under medium-to-long-term PSAs, while more than 55% of its upcoming 23.8 GW capacity is secured under 25-year PSAs. The MSEDCL bid includes a pre-determined coal linkage, ensuring long-term fuel security and supporting a reliable, cost-effective power supply. Adani Power, a flagship entity of the Adani Group, is the largest private thermal power producer in India.#adani_power #adani_group #misedcl #sb_khyalia
Market Trading Guide: Buy Adani Power and UltraTech Cement on Tuesday for Gains Up to 12% The Nifty index ended a three-day losing streak with strong gains, forming a bullish reversal pattern. Analysts suggest the market may see a near-term recovery, with Adani Power and UltraTech Cement presenting technical buying opportunities. The index rebounded sharply after a decline, driven by gains in banking, automotive, and consumer stocks. Technical indicators indicate potential for a rebound in these stocks. Rupak De, a senior technical analyst at LKP Securities, noted that the broader market sentiment has not changed significantly despite the Nifty’s recovery. He explained that the index did not sustain below the 23,000 level and quickly moved back above it, signaling a possible short-term technical pullback. De highlighted that the index could target 23,800 or higher on the upside, while immediate support is at 23,200. A break below this level could push the index into weakness. Analysts recommend buying Adani Power at Rs 155, with an upside potential of 12%. The stock’s technical structure shows bullish momentum, as it is attempting a breakout from a descending trendline formed over the past few months. The price has rebounded strongly from the rising trendline support near 136, trading above key short-term moving averages. A recent bullish candle supported by increased volume reflects renewed buying interest, and the RSI has moved above the 60 level, signaling strengthening momentum. For UltraTech Cement, the recommendation is to buy at Rs 11,100 with a target of Rs 12,200 and a stop-loss at Rs 10,530. The stock’s technical outlook suggests a buying opportunity as it approaches a long-term rising trendline support near 10,600–10,800.#ultratech_cement #adani_power #nifty_index #lkp_securities #rupak_de
Stock to Buy Today: Adani Power (₹154.10) – BUY The short-term outlook for Adani Power is bullish, with recent price action indicating increasing momentum in the stock’s upward movement. The shares are currently holding above ₹145, a key resistance level that was previously broken last week. The levels of ₹145 and ₹142 are now considered strong support. Analysts suggest the stock could rise to ₹162 in the near term, with further gains potentially taking it to ₹185 in the coming weeks. Traders are advised to consider buying Adani Power shares at the current price of ₹154. Accumulating positions on dips to ₹146 is recommended, with an initial stop-loss placed at ₹138. As the stock approaches ₹161, the stop-loss should be trailed up to ₹158. If the price reaches ₹168, the stop-loss should be adjusted higher to ₹163, and when it hits ₹177, it should be moved to ₹172. Long positions should be exited at ₹182. The recommendation is based on technical analysis of the stock’s price action and chart patterns. It is important to note that trading carries inherent risks, and there is a possibility of loss. Investors are encouraged to carefully assess their risk tolerance and consult with a financial advisor before making any trading decisions. The analysis highlights the potential for continued upward movement in Adani Power’s share price, driven by the stock’s ability to maintain key support levels and the positive momentum observed in recent trading. However, market conditions can change rapidly, and traders should remain vigilant to any shifts in sentiment or external factors that may impact the stock’s performance.#adani_power #technical_analysis #adani_power_stock #stock_analysis #market_trends
Power Stocks Surge Amid Rising Demand and Summer Outlook Shares of major power companies saw significant gains in early trading on Friday, March 13, driven by increased investor interest and expectations of heightened power demand. The sector's performance followed a 2.5% rise in the previous trading session, with several stocks climbing between 1% and 6%. Notable performers included NTPC Green Energy, Adani Power, JSW Energy, and Tata Power, though some stocks later dipped as the broader Indian stock market experienced a sharp decline. NTPC Green Energy led the pack, surging 6.5% on the day, while Adani Power rose 3.5% after a 6% gain the prior day. JSW Energy shares climbed 2%, contributing to a 6% total gain in the last trade. Coal India and NTPC also saw marginal gains, hitting fresh 52-week highs on the BSE before stabilizing. The surge in power stocks is attributed to the peak power demand observed in March and the anticipation of a challenging summer season. According to a report by JM Financial, evening power demand reached 224.6 gigawatts (GW) on March 10, the highest recorded for the month, with a 7% year-on-year increase. During non-solar hours, renewable energy, hydro, gas, and coal sources operated at utilization rates of 67%, 28%, 87%, and 95%, respectively. Analysts note potential supply gaps in gas and hydro, which could lead to higher plant load factors (PLFs) for thermal utilities and the coal supply chain. The report also highlights geopolitical tensions, which may result in persistently high liquefied natural gas (LNG) prices and intense summer conditions, pushing coal-fired generation to meet evening demand.#tata_power #coal_india #adani_power #jsw_energy #ntpc_green_energy
Adani Power, Tata Power, Coal India shares surge over 7% as market expert highlights strategic buying opportunities Shares of Adani Power Ltd, Tata Power Company Ltd, and Coal India Ltd saw significant gains on Thursday, with the stocks rising by up to 7% during the trading session. Market expert Kiran Jani, Head of Technical Research at Jainam Broking, analyzed the performance of the three stocks, citing favorable factors such as the onset of early summer and growing concerns over the oil and gas sector. Jani emphasized that the stocks appear attractive for investors, particularly in the context of rising energy demand and geopolitical tensions affecting global energy markets. He recommended a "buy-on-dips" strategy for both Tata Power and Adani Power, suggesting that investors should consider entering at key support levels while maintaining strict stop-loss measures. For Coal India, Jani noted that the stock looks promising at current prices, with a major support zone around the Rs 400–420 range. He predicted that the stock could potentially rise to Rs 500 in the coming period, provided it holds above the support levels. Investors are advised to monitor the stock closely and adjust their positions based on market movements. On Tata Power, Jani highlighted the Rs 390–380 range as an accumulation zone, urging traders to keep a stop loss below Rs 370. If the stock maintains its position above Rs 370, he expects it to move toward Rs 410–420 in the short term. For Adani Power, the major support lies around Rs 130–135, with the potential for the stock to rise to Rs 160–170 if it breaks through key resistance levels. The stock price movements were reflected in the market data, with Adani Power shares closing at Rs 149.10, up 7.38%, Coal India ending at Rs 470.15, a 5.34% increase, and Tata Power settling at Rs 402.#tata_power #coal_india #adani_power #kiran_jani #jainam_broking
Energy shares gain in weak markets amid crude spike; Nifty Energy up 2% Shares of energy-related stocks saw significant gains on Thursday as crude oil prices rose, despite broader market weakness. The NSE Energy index, which tracks 40 energy sector stocks, surged by 2.14% to reach an intraday high of 36,914. This outperformed the benchmark Nifty50 index, which fell by 0.51% to 23,746. Thirty-four of the 40 energy stocks in the index closed in positive territory, while six ended lower. Adani Total Gas led the gains with a 9.52% rise, followed by NLC India and JSW Energy, both up around 8%. Other notable performers included Adani Power, Reliance Power, Jaiprakash Power Ventures, BHEL, Torrent Power, and Tata Power, all climbing over 5%. Coal India rose nearly 4%, and NTPC gained nearly 2%. Adani Green Energy also climbed about 2%, while Reliance Industries, India’s largest company by market cap, rose 1.29%. In contrast, several energy stocks fell, including Oil India, ONGC, GE Vernova T&D India, Power India, Siemens Energy India, and Thermax, which dropped up to 3%. The government stated that coal stocks in the country are sufficient to meet demand, with coal production and supply exceeding consumption this year. It reported that coal stocks at thermal power plants and mines totaled around 210 million tonnes, enough for 88 days. The Ministry of Coal highlighted that 6 million tonnes of coal are available at Singareni Collieries, over 15 million tonnes at commercial mines, and 14 million tonnes in transit. Thermal power plants held 54 million tonnes of coal, sufficient for 24 days at current consumption rates. The ministry also noted a 14% increase in coal supply to the non-regulated sector compared to the previous year.#adani_total_gas #coal_india #adani_power #jsw_energy #nifty_energy
Power Stocks Surge Amid Rising Demand and Energy Transition Shift Power stocks in India are experiencing a significant rally on Thursday, March 12, as the sector leads the broader market recovery. Shares of NTPC Green Energy have surged 13%, making it the top gainer on the Nifty 500 index, while JSW Energy rose 7%, and Adani Power, CESC, BHEL, Torrent Power, and Tata Power also recorded gains between 4% and 6%. The surge is attributed to a combination of factors, including increased power demand and shifting dynamics in energy generation. The early onset of summer in India has driven up electricity consumption, while a surge in the use of electric cookware and battery infrastructure has further boosted demand. This trend is exacerbated by the ongoing LPG crisis, which has prompted households and industries to rely more on electric alternatives. The LPG shortage, linked to geopolitical tensions in West Asia, has accelerated the transition toward renewable and grid-based energy solutions. India’s Coal Ministry has stated that the country’s coal stockpile of 210 million tonnes is sufficient to meet demand for 88 days. However, power demand has remained subdued in recent months due to persistent monsoon rains and the winter season, with the current financial year’s demand at 245 gigawatts—well below the earlier projected 270 gigawatts. Despite this, the sector is showing signs of recovery, with thermal power plants operating at over 70% of their capacity, compared to around 25% for solar and wind installations. Morgan Stanley has highlighted the potential for thermal coal-based power generation to absorb incremental load as demand rises. The firm noted that this shift could support a smoother ramp-up in thermal coal production, which is critical for meeting immediate energy needs.#morgan_stanley #tata_power #adani_power #jsw_energy #ntpc_green_energy
Rising power demand this summer season can benefit these stocks, as per Morgan Stanley Morgan Stanley has highlighted that increasing temperatures across India and constrained fuel supplies could shift the balance in favor of thermal power producers in the fiscal year 2027. The brokerage firm noted that power demand remained subdued in fiscal year 2026 due to a cooler summer and an unusually strong winter, which reduced electricity consumption during peak months. However, early trends in FY27 suggest a reversal, with temperatures already rising and several regions experiencing heatwave conditions. This is expected to drive a surge in electricity demand in the coming months. On the supply side, Morgan Stanley has identified emerging risks. The firm warned that gas and hydro power generation could face challenges in the first half of FY27. Persistent tensions in the Middle East are likely to tighten global gas supplies, potentially impacting LNG availability for India. Additionally, reports indicate the Himalayan region may experience one of its driest spring seasons on record, which could reduce hydroelectric output. In FY26, gas and hydro power accounted for approximately 2% and 9% of India’s total power generation, respectively. Against this backdrop, Morgan Stanley anticipates that thermal coal-based generation will take on a larger share of incremental demand. This shift could also result in higher solar curtailment in certain regions, enabling thermal plants to increase output more smoothly. The brokerage firm emphasized that stronger merchant power prices could benefit companies like Adani Power and JSW Energy through improved earnings. It also noted that a settlement related to the Mundra project or the imposition of Section 11 of the Electricity Act could act as a positive catalyst for Tata Power.#morgan_stanley #tata_power #adani_power #jsw_energy #torrent_power
