Rajasthan PPA regulatory hurdle
Regulator questioned the need for full 3,200 MW PPA; DISCOM has been allowed to re-present its case, causing potential delays.
ADANIPOWER / Q3-FY26 / risks
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Adani Power · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
Bangladesh geopolitical risk
Continued supply to Bangladesh amid political turmoil; though payments are regular, any escalation could impact Godda plant operations.
Weaker power demand and merchant price decline
All India power demand was flat YoY due to extended monsoons and cooler temperatures, leading to lower merchant realizations.