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UP power regulator withholds nod to ~16,700-cr Adani deal

Financial Express Mumbai

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November 20, 2025

THE UTTAR PRADESH power regulator has delayed approval of a power supply deal with Adani Group’s new $2-billion (approximately ₹16,700 crore) coal power project over lack of clarity around costs, a filing showed on Wednesday, six months after the announcement.

- SETHURAMAN NR

Adani Power in May won a contract to supply 1,500 megawatts of power from a coal plant in Uttar Pradesh at ₹5.38 per unit.

The lack of clarity over costs stems from a decision by the central government in July to ease rules for some coal plants from installing equipment that would remove sulfur dioxide from exhausts while burning coal.

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ED files chargesheet against Vadra in UK-linked PMLA case

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US chip firm plans India hiring spree, R&D push

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Indices hit new 52-week highs on revival in foreign inflows

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'Speculation about credibility of economic data is unwarranted'

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