BSECompany Update8 Sept 2026 · 8 Sept 2026, 11:12 pm

Intimation regarding Letter of Award for supply of 2,500 MW Round-the-Clock (RTC) Power and Execution of Power Purchase Agreement

Adani Energy Solutions Ltd · 539254

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Adani Energy Solutions Ltd has entered into an agreement with Adani Power Ltd to supply 2,500 MW Round-the-Clock (RTC) power for 25 years. The agreement was executed on September 8, 2026, and is expected to strengthen the company's power supply portfolio and reinforce its position in the energy solutions business.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10

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Adani Energy Solutions Ltd - 539254 - Intimation Regarding Letter Of Award For Supply Of 2,500 MW Round-The-Clock (RTC) Power And Execution Of Power Purchase Agreement.

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September 08, 2026 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange Plaza, Dalal Street, Bandra-Kurla Complex, Mumbai – 400001. Bandra (E), Mumbai – 400051. Scrip Code: 539254 Scrip Code: ADANIENSOL Dear Sir, Sub: Intimation regarding Letter of Award for supply of 2,500 MW Round-the-Clock (RTC) Power and execution of Power Purchase Agreement. Ref: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We wish to inform you that Powerpulse Trading Solutions Limited ("PTSL"), a wholly- owned subsidiary of the Company has, upon obtaining the requisite approvals, entered into an agreement with Adani Power Limited ("APL") on 8th September 2026 pursuant to which, APL has assigned to PTSL all rights and obligations arising from the Letter of Award ("LOA") issued by Maharashtra State Electricity Distribution Company Limited ("MSEDCL") to APL for the supply of 2,500 MW Round-the-Clock ("RTC") power for a period of 25 years from the Scheduled Commencement Date of Supply. The receipt of this LOA was announced earlier by APL on 2nd April 2026. Consequent to the aforesaid agreement, PTSL has entered into a Power Purchase Agreement ("PPA") with MSEDCL on 8th September 2026 in accordance with the aforesaid LOA. The PPA is aligned with PTSL’s core competencies in multi-source energy aggregation, power portfolio management, and power supply optimisation for its customers. The transaction is expected to further strengthen PTSL's power supply portfolio and reinforce its position in the energy solutions business. The details of PPA, required to be disclosed under the SEBI Listing Agreement, are enclosed as Annexure A. Kindly take the same on records. Yours faithfully, For Adani Energy Solutions Limited Jaladhi Shukla Company Secretary Encl – as above. Adani Energy Solutions Ltd Tel +91 79 2555 7555 Adani Corporate House Fax +91 79 2555 7177 Shantigram, Near Vaishno Devi Circle, info@adani.com S. G. Highway, Khodiyar, www.adanienergysolutions.com Ahmedabad 382 421 Gujarat, India CIN: L40300GJ2013PLC077803 Registered Office: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382 421 ANNEXURE “A” The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Details a) name of the entity awarding the Maharashtra State Electricity order(s)/contract(s); Distribution Company Limited (“MSEDCL”) b) significant terms and conditions of As per the provisions of the instant order(s)/contract(s) awarded in brief; tender. c) whether order(s) / contract(s) have Domestic entity been awarded by domestic/ international entity; d) nature of order(s) / contract(s); The power supply under the PPA will be for a period of 25 years from Scheduled Commencement Date of Supply (SSD). e) whether domestic or international; Domestic f) time period by which the 25 years from the commencement date order(s)/contract(s) is to be specified in the Power Purchase executed; Agreement g) broad consideration or size of the The contract award is for supply of RE order(s)/contract(s); RTC power of 2500 MW. h) whether the promoter/ promoter No group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof; i) whether the order(s)/contract(s) No would fall within related party transactions? If yes, whether the same is done at “arm’s length”. ********** Adani Energy Solutions Ltd Tel +91 79 2555 7555 Adani Corporate House Fax +91 79 2555 7177 Shantigram, Near Vaishno Devi Circle, info@adani.com S. G. Highway, Khodiyar, www.adanienergysolutions.com Ahmedabad 382 421 Gujarat, India CIN: L40300GJ2013PLC077803 Registered Office: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382 421