Adani Power Limited , India's largest private sector thermal power generator, has secured approval to construct a 2,400 MW ultra-supercritical thermal power plant in Bihar, marking a major development in the state's energy sector.

Project Details

The project, which involves an investment of approximately ₹24,000.00 crore ($3.00 billion), will be located in Village Pirpainti, Bhagalpur District, Bihar. Adani Power received a Letter of Intent (LoI) from Bihar State Power Generation Company Limited (BSPGCL) for the long-term procurement of electricity on behalf of North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL).

Key Features of the Power Plant

Project Timeline

The project has an ambitious timeline for completion:

• Unit 1: 48 months from the appointed date
• Unit 2: 54 months from the appointed date
• Unit 3: 60 months from the appointed date

Economic Impact

This large-scale project is expected to have a significant economic impact on the region:

• Direct and indirect employment generation of 10,000 - 12,000 jobs during the construction phase
• Approximately 3,000 jobs once the plant becomes operational

Competitive Edge

Adani Power emerged as the lowest bidder in a tightly contested tender process, securing the project with a final supply price of ₹6.08 per kWh. This competitive pricing is expected to provide affordable power to the state utilities.

Management's Perspective

S.B. Khyalia, Chief Executive Officer of Adani Power, expressed enthusiasm about the project, stating, "We are pleased to have won the bid to develop and operate a 2,400 MW thermal power project in Bihar. We will set up a new greenfield plant with an investment of ~$3 billion, which is expected to further aid industrialization in the state. Our plant will be an advanced, low-emission Ultra-supercritical and will supply dependable, competitively priced, and high-quality power to the state."

Next Steps

Adani Power anticipates receiving the Letter of Award (LoA) in due course, following which a Power Supply Agreement (PSA) will be executed with the State Utilities.

This project represents a significant expansion of Adani Power's portfolio, which currently includes an installed thermal power capacity of 18,110 MW spread across twelve power plants in various Indian states. The new Bihar plant is set to play a crucial role in addressing the state's power needs and supporting its industrial growth.

As India continues to balance its energy needs with environmental concerns, the use of ultra-supercritical technology in this project underscores the shift towards more efficient and potentially less polluting thermal power generation methods.

Adani Power Limited , India's largest private sector thermal power generator, has secured a significant contract to develop and operate a 2,400 MW thermal power project in Bhagalpur, Bihar. The company received a Letter of Intent (LoI) from Bihar State Power Generation Company Limited (BSPGCL) on August 6, 2025, marking a major expansion of its power generation portfolio.

Project Details

The greenfield Ultra-supercritical power plant will be constructed at Village Pirpainti in Bhagalpur district, Bihar. The project, which will be developed under a Design, Build, Finance, Own, and Operate (DBFOO) model, is estimated to require an investment of approximately $3 billion.

Key aspects of the project include:

• Total capacity: 2,400 MW (3 x 800 MW units)
• Net capacity to be supplied: 2,274 MW
• Lowest bid: Rs 6.08 per unit
• Fuel source: Allocated coal linkage under the SHAKTI Policy
• Commissioning timeline:
  • First unit: Within 48 months of the appointed date
  • Last unit: Within 60 months of the appointed date

Power Supply Agreement

Adani Power will supply the entire net capacity of 2,274 MW to North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL). The company emerged as the lowest bidder in a competitive tender process, securing the contract with a final supply price of Rs 6.08 per kWh.

Economic Impact

The project is expected to have a significant economic impact on the region:

• Direct and indirect employment generation: 10,000-12,000 jobs during the construction phase
• Permanent jobs: Approximately 3,000 during operation
• Potential boost to industrialization in Bihar

Company Statement

S.B. Khyalia, Chief Executive Officer of Adani Power, commented on the project: "We are pleased to have won the bid to develop and operate a 2,400 MW thermal power project in Bihar. We will set up a new greenfield plant with an investment of ~$3 billion, which is expected to further aid industrialization in the state. Our plant will be an advanced, low-emission Ultra-supercritical and will supply dependable, competitively priced, and high-quality power to the state."

Next Steps

Adani Power expects to receive the Letter of Award (LoA) in due course, following which a Power Supply Agreement (PSA) will be executed with the State Utilities. This project will further strengthen Adani Power's position as a leading player in India's power sector, adding to its existing installed thermal power capacity of 18,110 MW spread across eight states.

The company's commitment to harnessing technology and innovation aligns with its goal of transforming India into a power-surplus nation and providing quality, affordable electricity for all.