Nifty 5022,450(+0.54%)
Sensex74,200(+0.47%)
Bank Nifty47,800(-0.31%)
USD/INR83.45(+0.06%)
Gold (10g)72,500(+0.35%)
Silver (1kg)88,900(-0.45%)

Ratul Puri Led Hindustan Power signs Power Supply Agreement with MP Power Management Company Limited for Supply of 800 MW Power

May 22, 2026
Ratul Puri Led Hindustan Power signs Power Supply Agreement with MP Power Management Company Limited for Supply of 800 MW Power

Hindustan Power, one of India’s leading integrated power producers, has signed a Power Supply Agreement (PSA) with MP Power Management Company Limited for the supply of 800 MW. The agreement is facilitated through its subsidiary, Anuppur Powerprojects Private Limited.

The Power Supply Agreement (PSA) for 800 MW will be supplied from the upcoming unit of Hindustan Power at Anuppur, strengthening its contribution toward meeting Madhya Pradesh’s growing power requirements. Under the terms of this agreement, power supply from this project is scheduled to commence from 2031. The PSA is structured for a tenure of 25 years, with an option to extend the agreement by an additional five years. The project has been awarded under the DBFOO (Design, Build, Finance, Own and Operate) model.

Commenting on the development, Ratul Puri, Chairman, Hindustan Power, said, “This agreement represents an important milestone in Hindustan Power’s ongoing expansion strategy and reaffirms our long-term focus on the power sector. As India continues to witness rapid economic and industrial growth, the demand for dependable baseload power will remain critical.”

He added, “This PSA reinforces our long-standing commitment to the state. It reflects confidence in our execution capabilities and our ability to deliver efficient, large-scale power infrastructure through advanced ultra-supercritical technology.”

This initiative is expected to significantly fortify Hindustan Power’s contribution toward addressing and meeting Madhya Pradesh’s growing energy requirements, while supporting India’s expanding power infrastructure landscape.

The development is expected to support regional economic growth, generate substantial employment opportunities and enhance long-term power availability across the state. “India’s growing economic ambitions require dependable and scalable power infrastructure alongside the energy transition. At Hindustan Power, we remain focused on supporting the country’s rising energy demand through reliable, efficient, affordable and future-ready generation capacity that contributes to long-term energy security,” Mr. Puri added.

Notably, Hindustan Power initially entered India’s transitional energy sector in 2008 and has developed a significantly large transitional energy generation project in Anuppur, Madhya Pradesh. The project was commissioned in 2015 and 2016 phase wise, establishing the company’s strong operational footprint in the region.

Share This News:
#TheBharatMirror#BreakingNews#IndiaNews
GreenLine Mobility Expands LNG Fleet Partnership with Tata Steel

GreenLine Mobility Expands LNG Fleet Partnership with Tata Steel

GreenLine Mobility Solutions Ltd., an Essar venture and India’s only green logistics operator of LNG and electric-powered heavy commercial trucks, strengthened ...
May 22, 2026
Ganesh Green Bharat Reports Strong FY26 Growth with Revenue Surging 235%

Ganesh Green Bharat Reports Strong FY26 Growth with Revenue Surging 235%

Ganesh Green Bharat Limited, a leading solar module manufacturer in India, has reported a strong financial performance for FY26, driven by increased manufacturi...
May 22, 2026
REC Foundation Signs INR 1.20 Crore MoA with Lala Lajpat Rai Memorial Medical College to Strengthen Healthcare Access in Meerut

REC Foundation Signs INR 1.20 Crore MoA with Lala Lajpat Rai Memorial Medical College to Strengthen Healthcare Access in Meerut

Reinforcing its commitment towards making healthcare accessible to the last mile, the CSR arm of REC Limited, REC Foundation, signed a Memorandum of Agreem...
May 22, 2026
Serentica Renewables Appoints Aashish Ghai as Chief Financial Officer

Serentica Renewables Appoints Aashish Ghai as Chief Financial Officer

Serentica Renewables has announced the appointment of Aashish Ghai as its Chief Financial Officer (CFO). In this role, he will lead the company’s financial stra...
May 22, 2026