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Adani Power stock in focus amid power supply deal from TN Govt
short by / on Tuesday, 24 February, 2026
Adani Power is in focus as its subsidiary, Moxie Power Generation Ltd, secured a 5-year contract with TNPDCL to supply 558 MW from its 1,200 MW Tuticorin plant at ₹5.910/unit. With over 95% of capacity under long-term PPAs, the deal ensures revenue stability, supports near-100% PPA tie-up, and provides Tamil Nadu consumers with reliable, affordable, and uninterrupted power.
read more at Trade Brains