Ahmedabad, March 15 -- Adani Power Ltd on Sunday said 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.

According to the private sector power generator, the LoA follows Adani Power's success in a highly competitive bidding process, where the company emerged as the lowest-tariff bidder, offering power at a combined tariff of Rs 5.30/kWh.

The supply of power under the proposed 25-year Power Supply Agreement (PSA) is scheduled to commence from the financial year 2030-31, Adani Power said in a statement.

This achievement marks yet another Power Supply Agreement win for the Adani...