Adani Power and DB Power have quoted ₹6.88 per unit for the supply of power to the Kerala State Electricity Board (KSEB) under a medium-term contract.
The KSEB had invited bids for the supply of 500 MW to avert a power crisis in the State. The bids were opened on Monday. Adani Power has agreed to supply 303 MW at ₹6.88 per unit and DB Power 100 MW at the same rate, sources said.
Both firms had initially quoted ₹6.90 and ₹6.97 respectively per unit. Following a reverse bidding, both companies revised their quotes to ₹6.88 per unit.
