Adani Power enters into long-term power supply agreement with MPSEZ Utilities Ltd

Adani Power Limited (the "Company") has entered into a Long-term Power Supply Agreement ("PSA") with M/s MPSEZ Utilities Limited ("MUL") for a capacity of 360 MW to be supplied from the Company's 4,620 MW power plant at Mundra, Dist. Kuchchh, Gujarat for 15 years.

Shares of Adani Power Limited was last trading in BSE at Rs. 187.45 as compared to the previous close of Rs. 188.30. The total number of shares traded during the day was 211136 in over 4576 trades.

The stock hit an intraday high of Rs. 189.20 and intraday low of 185.10. The net turnover during the day was Rs. 39557974.00.

Source : Equity Bulls

Keywords

AdaniPower INE814H01011 PowerSupplyAgreement MundraPowerPlant