Adani Power to Invest $3 Billion in Bihar Thermal Plant After Securing 2,274 MW Contract

Adani Power Ltd. has clinched a major infrastructure deal to construct a $3 billion ultra-supercritical thermal power plant in Bihar, following its successful bid to supply 2,274 MW of electricity to the state’s distribution companies. The project marks one of the largest private-sector power investments in eastern India and is expected to significantly bolster Bihar’s energy capacity and industrial growth.

Project Details

The proposed plant will be located in Pirpainti village, Bhagalpur district, and will feature three units of 800 MW each, totaling 2,400 MW in capacity. Adani Power emerged as the lowest bidder in a competitive auction, offering a tariff of ₹6.075 per kWh under the Design, Build, Finance, Own, and Operate (DBFOO) model.

The plant will utilize ultra-supercritical technology, known for its higher thermal efficiency and reduced carbon emissions compared to conventional coal-fired systems. Fuel supply will be secured through coal linkages under the Government of India’s SHAKTI policy, ensuring long-term viability.

Timeline & Execution

According to bid terms:

• The first unit is expected to be commissioned within 48 months of the appointed date.
• The entire plant is slated for completion within 60 months.

Adani Power will sign a Power Supply Agreement (PSA) with Bihar’s North and South distribution companies — NBPDCL and SBPDCL — following the issuance of the Letter of Award (LoA).

Economic Impact

The project is anticipated to generate:

• 10,000–12,000 jobs during the construction phase
• 3,000 permanent jobs during operations

Local industries are expected to benefit from improved energy reliability, potentially attracting further investment into Bihar’s manufacturing and services sectors.

Strategic Significance

This development aligns with India’s broader energy goals of expanding capacity while transitioning to more efficient technologies. For Bihar, which has faced persistent power shortages, the project represents a leap toward energy security and industrial competitiveness.