Adani Power shares rally 7.5% in 2 days on order win

Adani Power shares rose over 2% on Tuesday after securing a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company. The company will reportedly supply 1,600 MW of electricity from an upcoming thermal power project. It aims to scale its capacity to 41.87 GW by FY32 with planned investments of around ₹2 lakh crore.