Uttar Pradesh’s power regulator delays deal with Adani’s $2 billion project over cost issues
The power regulator for Uttar Pradesh has delayed approval of a power supply deal with Adani Group’s new $2 billion coal power project over lack of clarity around costs, a filing showed on Wednesday, six months after the announcement.
Adani Power in May won a contract to supply 1,500 megawatts of power from a coal plant in Uttar Pradesh at 5.38 rupees ($0.0638) per unit.
