Adani Power gets approval to set up 1,320 MW plant in Madhya Pradesh

Adani Power on Wednesday said Madhya Pradesh Electricity Regulatory Commission has approved setting up of a 1,320 MW thermal power plant in Madhya Pradesh.

The commission has also approved sale of entire electricity from the plant to the state through Adani Power arm Pench Thermal Energy.

Pench Thermal Energy has signed a power purchase agreement with MP Power Management Company Ltd (MPPMCL) for procurement of 1,320 MW of electricity on long-term basis.

The power would be supplied from the new power station of 1,320 MW capacity to be set up with super critical technology on design, build, finance, own and operate (DBFOO) basis