Adani Power Gets LoI to Develop 2,400 MW Thermal Plant in Bihar

Adani Power Ltd, India's largest private sector thermal power producer, has received a Letter of Intent (LoI) from Bihar State Power Generation Company Ltd (BSPGCL).

The LoI pertains to the supply of 2,274 MW of power to North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL) from a newly planned thermal power plant in Pirpainti, Bhagalpur District.

New 2,400 MW Ultra-Supercritical Plant to Be Developed

The project involves setting up a 3x800 MW ultra-supercritical thermal power plant under the Design, Build, Finance, Own, and Operate (DBFOO) model.

Adani Power emerged as the lowest bidder in the competitive tender process, quoting a tariff of ₹6.075 per unit. The total estimated investment for the project is around $3 billion (~₹25,000 crore).

Timeline and Fuel Source

The first unit is expected to be commissioned within 48 months of the appointed date, while the last unit is to be completed within 60 months.

The plant will be fuelled by coal received under the Government of India’s SHAKTI Policy, ensuring a reliable supply for operations.

Employment Generation

The massive infrastructure project is projected to create substantial employment, around 10,000–12,000 direct and indirect jobs during the construction phase and approximately 3,000 jobs once the plant becomes operational.

Adani Power Share Price Performance

On August 6, 2025, Adani Power share price (NSE: ADANIPOWER) opened at ₹579.95 and closed at ₹567.00, down by 2.16%.

Also Read: Adani Power Share Price In Focus: Announce Stock Split Of 1:5 And Q1FY26 Results!

Conclusion

This landmark development strengthens Adani Power’s position as a key player in India’s power sector while significantly boosting power availability in Bihar.

With a focus on high-efficiency ultra-supercritical technology and strategic coal linkage, the project is poised to play a pivotal role in meeting the region’s growing electricity demands and contributing to economic development in eastern India.

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