Adani Power Bags 25-Year Power Supply Agreement

1. The UPCL Power Supply Agreement Adani Power Limited formalised a 25-year Power Supply Agreement (PSA) with Uttarakhand Power Corporation Limited (UPCL). • Net Supply Volume: 1,234 MW ex-bus (from 1,320 MW installed capacity). • Adopted Tariff: ₹5.746 per unit (kWh), submitted via Section 63 bidding. • Revenue Impact: Secures long-term revenue visibility, locking in 62% of upcoming pipeline capacities. 2. Financial & Fundamental Backing • Surging Profitability: In Q2 FY27, reported consolidated net profit jumped 142% YoY to ₹7,019.32 crore, driven by strong power sales volume (26.4 BU) and revision collections. • Revenue Performance: Operating revenue increased 39% YoY to ₹19,951 crore, riding on high national electricity demand. • Cost Control: Lower finance costs by 9.7% to ₹760.23 crore emphasize robust cash generation and reduced relative operational debt. 📈 StockGro Virtual Trading Blueprint The defensive PPA profile significantly mitigates open merchant rate volatility, converting long-term asset deployment into stable cash flow metrics. • StockGro Stance: BUY • Entry Range: ₹185 – ₹195 • Stop Loss (SL): ₹174.00 (On a daily closing basis) • Target 1 (Short Term): ₹220.00 • Target 2 (Medium Term): ₹255.00