Deals7 Aug 2025, 08:27 am
Adani Power Receives Letter of Intent for 2400 MW Thermal Power Project in Bihar
AI Summary
Adani Power Limited has received a Letter of Intent (LOI) from Bihar State Power Generation Company Limited (BSPGCL) for long term procurement of electricity from a 2400 MW Thermal Power Project. The project will be set up at Village Pirpainti, Dist. Bhagalpur, Bihar on a Design, Build, Finance, Own and Operate (DBFOO) model. Adani Power was the lowest bidder in a competitive tender process with a final supply price of Rs 6.075 per KWh. The project is expected to generate direct and indirect employment of ~10,000 - 12,000 during the construction phase and ~3,000 once in operation.
Key Highlights
- Adani Power received a Letter of Intent from BSPGCL for a 2400 MW Thermal Power Project in Bihar.
- The project will be set up on a DBFOO model and will supply power to North Bihar Power Distribution Company Ltd. and South Bihar Power Distribution Company Ltd.
- Adani Power was the lowest bidder in a competitive tender process with a final supply price of Rs 6.075 per KWh.
- The project is expected to generate direct and indirect employment of ~10,000 - 12,000 during the construction phase and ~3,000 once in operation.
- The project will receive fuel from the allocated coal linkage under the SHAKTI Policy of Government of India.