Adani Power Ltd has emerged as the lowest bidder for a 3.2 GW coal-based power supply tender issued by the Assam state government. The company confirmed that the bid has received approval from the state electricity commission and is awaiting formal award confirmation shortly.
This development strengthens Adani Power’s growing footprint in India’s power generation landscape amid rising energy demand.
The 3.2 GW tender is part of Assam’s effort to ensure a stable, long-term baseload power supply in the region. Adani Power, one of India’s largest private thermal power producers, achieved the lowest bid status in a competitive process that drew attention from major players in the energy sector.
The project aligns with the state’s objective to balance renewable and thermal generation for consistent energy availability.
The Assam contract forms part of a national wave of over 22 GW of thermal power tenders floated by multiple states, including Rajasthan, Uttar Pradesh, Gujarat, and West Bengal. These states are prioritising reliable power generation capacity as renewable energy faces intermittency challenges. Adani Power’s success in this bid positions it strategically for upcoming long-term supply opportunities across India.
Read More:Adani Power Q2 FY26 Results: Revenue at ₹14,307 Crore; Share Price in Focus!
In August 2025, Adani Power announced plans to invest around $5 billion to build two new coal-fired plants as part of a broader expansion. The company targets an increase in total capacity to 42 GW by FY2032, up from 18 GW currently.
Of this, 8.5 GW has already been tied up through long-term power purchase agreements. The firm has also pre-ordered boilers, turbines, and generators for the expansion, with staggered deliveries planned over the next 38–75 months.
Adani Power is set to invest nearly ₹2,00,000 crore over time to achieve its ambitious capacity expansion goals. The first 12 GW of this capacity is expected to be commissioned by FY2030.
On the international front, the company reported improved payment cycles from Bangladesh, with dues now limited to 15 days of supply, down from about $900 million in May and nearly $2 billion earlier this year. This improvement signals stabilising cross-border energy operations.
On October 31, 2025, Adani Power share price opened at ₹161.60 on NSE, below the previous close of ₹162.57. During the day, it surged to ₹161.74 and dipped to ₹157.55. The stock is trading at ₹158.79 as of 12:49 PM. The stock registered a significant decline of 2.33%.
Over the past week, it has declined by 2.56%, over the past month, it has moved up by 4.12%, and over the past 3 months, it has moved up by 35.00%.
Adani Power’s emergence as the lowest bidder for Assam’s 3.2 GW tender underscores its leadership in India’s thermal power sector. With an extensive capacity expansion pipeline, strategic investments, and international progress, the company is positioned to play a pivotal role in meeting India’s growing electricity demand while ensuring long-term energy security.
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Published on: Oct 31, 2025, 2:18 PM IST
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