Stock Market Today: Adani Power Gains 7% on Securing 1,500 MW Power Deal in Uttar Pradesh
- 📈 Adani Power share price surged 7% in Monday’s morning trade.
- 📄 The company received a Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL).
- ⚡ The LOA is for the procurement of 1,500 MW power from a new thermal power project with a capacity of 2×800 MW (1,600 MW).
- 🕒 The power will be supplied for a 25-year period.
- 📍 The project is located in the state of Uttar Pradesh.
- 🗓️ The announcement was made via exchange filing on May 10, 2025.
