New Delhi, March 16 -- Adani Power share price jumped over 4% in early trade on Monday after the company announced receiving an order from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for the supply of thermal power. The Adani group stock surged as much as 4.53% to Rs.153.35 apiece on the BSE.

Adani Power said it received a Letter of Award (LoA) from MSEDCL for the supply of 1,600 MW of power from one of its upcoming ultra-supercritical thermal power projects (USCTPP).

The supply of power under the proposed 25-year Power Supply Agreement (PSA) is scheduled to commence from the financial year 2030-31, with the first year's quoted tariff of Rs. 5.30/kWh, Adani Power said in a regulatory filing on March 15.

With this de...