US EditionIndian Billionaire Gautam Adani Wins Bid To Build $3 Billion Power Plant Project In Bihar
BIHAR, INDIA, AUG 7 – The $3 billion plant will create up to 12,000 construction jobs and supply 2,274 MW to Bihar’s north and south distribution companies under a 25-year agreement.
- On Thursday, Adani Power Ltd. received the LoI from Bihar State Power Generation Company Ltd. to build a $3 billion, 2,400 MW greenfield thermal plant in Pirpainti, Bihar.
- Amid persistent power shortages in Bihar, the project represents the largest power sector investment in Bihar in recent years, boosting energy security.
- Leveraging ultra-supercritical technology, the plant features a 3×800 MW capacity and offers a tariff of ₹6.075 per kWh under the DBFOO model.
- Through the award, Bihar moves closer to self-sufficiency, with power supplied to North Bihar Power Distribution Company Ltd. and South Bihar Power Distribution Company Ltd. for 25 years.
- Facing regulatory steps, the project is progressing as environmental clearance, land acquisition, and approvals are underway, with LoA and PSA expected to be signed shortly.
12 Articles
12 Articles
Indian Billionaire Gautam Adani Wins Bid To Build $3 Billion Power Plant Project In Bihar
The project is proceeding ahead of state elections later this year in Bihar, which accounts for the fourth-largest share of parliamentary seats, making it crucial to the fate of Prime Minister Narendra Modi’s coalition government. Adani, an ally of Modi, has revived investment plans after a U.S. probe last year slowed his expansion binge.
Adani Wins Bid for $3 Billion Coal-Fired Power Plant in Bihar
Billionaire Gautam Adani will invest $3 billion to build and operate a 2,400 MW coal power generation plant in the eastern state of Bihar as his port-to-energy conglomerate continues to expand across businesses in the domestic market.
Adani Power receives LoI to develop and operate 2,400 MW greenfield thermal power plant in Bihar - The Tribune
Adani Power has received a Letter of Intent (LoI) from Bihar State Power Generation Company (BSPGCL) to supply 2,274 MW power to North Bihar Power Distribution Company (NBPDCL) and South Bihar Power Distribution Company (SBPDCL) from a 2,400 MW thermal power project
Adani Power Set to Transform Bihar with $3 Billion Greenfield Project
Adani Power has secured a $3 billion contract to build and operate a 2,400 MW thermal power plant in Bihar, enhancing industrialization in the region. This greenfield project, to become functional in five years, will provide power to Bihar’s state utilities and generate substantial employment opportunities.
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