Why Is Adani Power Share Price Rising Today? Adani Group Stock Up 4% After Order Win From MSEDCL

Adani Power Share Price Today: Adani Power share price jumped significantly during Monday's intraday trading session. The stock was up close to 4% in the early hours of stock market opening, a day after the company announced an order win from Maharashtra State Electricity Distribution Company Limited (MSEDCL).

Adani Power shares were trading 2.66% higher at Rs 150.6 per share on BSE with a market capitalisation of Rs 2,90,427.50 crore at 11:22 am. The stock had jumped close to 4% to touch an intraday high of Rs 153.35 per share. The stock had dipped to an intraday low of Rs 146.30 per share on the BSE during Monday's trading session.

Why Adani Power Share Price Is Rising Today?

The rally in the Adani Power share price came nearly a day after the company announced its order win. Adani Power has bagged an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of 1600 MW of Thermal Power under a long-term power supply agreement (PSA). As per the company press release, Adani Power Limited has been declared the successful bidder in terms of the tender invited and issued by MSEDCL.

"The LoA follows Adani Power's success in a highly competitive bidding process, where the company emerged as the lowest-tariff bidder, offering power at a combined tariff of Rs 5.30/kWh. The supply of power under the proposed 25-year Power Supply Agreement (PSA) is scheduled to commence from the financial year 2030-31," read a press release shared by Adani Power.

"This LoA from MSEDCL reflects the competitiveness of Adani Power's cost structure, our ability to deliver dependable baseload power and our commitment to supporting India's growing electricity needs through long-term partnerships. As India's leading private power producer, we are keen to support Maharashtra's and the nation's ambitious development goals with reliable and affordable electricity supply," said S.B. Khyalia, CEO of Adani Power Ltd.

Adani Power's Long-Term PSAs

With the completion of the recent deal, Adani Power has now tied up long-term PSAs of 13.3 GW under the implementation pipeline. The order marks a significant step towards its stated objective of securing almost its entire capacity under such contracts.

Adani Power enjoys more than 95% of its current operating capacity now tied up under medium-to-long-term PSAs.

Adani Power Share Price Trend

Adani Power share price opened in green on Monday. The stock value has jumped 9.16% in one week. The stock has given 48.4% return in one year. Its return on equity stands at 25%. The stock had touched a 52-week high of Rs 182.75 per share on 23 September, 2025. The stock had dipped to a 52-week low of Rs 94.4 per share on 7 April, 2025.