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Adani subsidiary secures 558MW LoA from TNPDCL
Yahoo Finance· 2026-02-24 15:18
India’s Adani Power's subsidiary, Moxie Power Generation (MPGL), has received a letter of award (LoA) from Tamil Nadu Power Distribution Corporation (TNPDCL) to provide 558MW of power for five years, commencing on 1 April 2026. This agreement was awarded after Moxie Power emerged as the lowest bidder in a competitive process, offering a tariff of Rs5.91 per unit. Moxie Power runs a 1.2GW power plant consisting of two 600MW units in Tuticorin, Tamil Nadu, India. The new agreement will secure power supply ...