India, Oct. 14 -- Every state utility has the same headache: homes and factories want electricity at all hours, but supply from the sun and wind rises and falls with the weather. To close that gap, distribution companies sign long-term contracts with generators who can deliver power on demand. These deals are won through competitive tenders, and once signed they tie a supplier and a buyer together for decades.

Shares of Adani Power Ltd. were trading at Rs. 188.79, up 1.52% from previous close of Rs. 185.96. The stock opened at Rs. 185.96 and reached an intraday high of Rs. 188.095 and low of Rs. 184.12. The company currently has a market capitalization of Rs. 3,62,649 crores.

What's the news Uttarakhand Power Corporation Limited has is...