Adani Power gets nod to set up 1,320 MW plant in Madhya Pradesh

New Delhi: Adani PowerNSE 0.95 % on Wednesday said Madhya Pradesh Electricity Regulatory Commission has approved setting up of a 1,320 MW thermal power plant in Madhya Pradesh. The commission has also approved sale of entire electricity from the plant to the state through Adani Power arm Pench Thermal Energy.

Pench Thermal Energy has signed a power purchase agreement with MP Power Management Company Ltd (MPPMCL) for procurement of 1,320 MW of electricity on long-term basis.

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