Adani Power shares recover losses after equity worth ₹2,270 crore changes hands

Shares of Adani Power Ltd. recovered losses on Thursday, September 11, after a large trade took place in the stock. As many as 3.7 crore shares of the company changed hands in the transaction that took place in the early minutes of the trading session.

Shares changed hands at an average price of ₹612 per share, which takes the total transaction value to ₹2,268.6 crore.



Earlier today, Adani Power said that it has been awarded a total of 1600 MW capacity by MP Power Management Company Ltd. (MPPMCL) under the recently concluded tendering process. APL received a Letter of Award (LoA) today from MPPMCL, awarding 800 MW additional capacity under 'Greenshoe Option'.

This comes on the back of APL's earlier success in winning an initial 800 MW capacity in the same bidding process. This is the fifth major power supply order received by the company in the last 12 months, taking the total awarded capacity to 7,200 MW.

This additional capacity of 800 MW awarded is at the same tariff of Rs 5.838 / kWh applicable to the earlier awarded 800 MW capacity.

Accordingly, APL will supply power from a new 1600 MW (800MW X 2) Ultra-supercritical thermal power unit, to be set up under the Design, Build, Finance, Own, and Operate (DBFOO) model, in Anuppur district of Madhya Pradesh.

Both the units will be commissioned within 60 months of the appointed date. The company will invest around ₹21,000 crore towards setting up the plant and related infrastructure.

Shares of Adani Power are now trading flat at ₹635.55. The stock has risen over 20% in 2025 so far.