Shares of Adani Power experienced a nearly 3 percent increase in early trading on Monday, buoyed by positive developments. This rise comes in the wake of a 25-year power supply agreement (PSA) with Bihar State Power Generation Company Ltd. (BSPGCL) for delivering 2,400 MW of power from a new ultra super critical plant to be established in Pirpainti, Bhagalpur district, Bihar.
Contributing to the momentum, the upcoming stock split set for September 22, 2025, has captured considerable investor interest.
In the past week, the stock has surged approximately 8 percent from its low point on September 8.
Earlier this month, the company entered into a shareholders agreement (SHA) with Bhutan’s state-owned utility Druk Green Power Corp. Ltd. to develop a 570 MW hydroelectric project at Wangchhu in Bhutan.
Additionally, the company has received a letter of award from MP Power Management Company Ltd for supplying extra power from a new 800 MW Ultra-supercritical thermal power project under a greenshoe option.
As of 10:20 am, the stock was trading 1.65 percent higher at ₹659.50 on the NSE, after peaking early at ₹666.80.
Other Adani stocks, including Adani Enterprises, Adani Ports, Adani Energy Solutions, Adani Green Energy, ATGL, and AWL Agri, were also trading with slight gains at the time of this report.
Published on September 15, 2025
