PRE-MARKET INDIAN STOCKS NEWS: Adani Power Ltd. (ADANI IS) - Co. secured Letter of Award from Maharashtra State Electricity Distribution Company Ltd for supply of 1,600MW from an upcoming ultra-supercritical thermal power project

Adani Power Ltd. (ADANI IS) - Co. secured Letter of Award from Maharashtra State Electricity Distribution Company Ltd for supply of 1,600MW from an upcoming ultra-supercritical thermal power project. (ET)Adani Total Gas Ltd. (ADGAS IS) - Co. cut price of excess natural gas supplied to certain industrial customers to INR 82.95 per SCM from INR 119.90 per SCM, effective March 16. (ET)Axis Bank Ltd. (AXB IS) - Co. ordered by National Consumer Disputes Redressal Commission to pay INR 31.9mln to a Delhi-based logistics company over refusal to accept demonetised currency deposits in 2016. (ET)Coal India Ltd. (COAL IS) - Co. aims to ensure power is supplied at a just price amid the West Asia crisis that risks higher imported coal costs and shipping disruptions, a senior official said. (ET)Hindalco Industries Ltd. (HINDALCO IS) - Co. halted production of extruded aluminium and declared force majeure to customers on March 11 due to gas shortages linked to Middle East supply disruptions. (ET)IDBI Bank Ltd. (IDBI IS) - Co. strategic sale may stall as financial bids are below the government’s floor price, potentially forcing cancellation and a restart of the bidding process, ET reported. (ET)JSW Steel Ltd. (JSWSTEEL IS) - Co. will develop the Minas de RevuboA coking coal mine in Mozambique in phases with reserves of 850MT and potential output of 250MT of usable coking coal. (ET)Tata Motors Passenger Vehicles Ltd. (TMPV IS) -  Co. 1.6mln shares worth INR 520mln sold by investor Radhakishan Damani via block deal, with Derive Trading and Resorts Private Ltd as buyer. (ET)