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Adani Power has announced a major expansion plan with a $3 billion investment to develop a 2400 MW coal-based ultra-supercritical power plant in Pirpainti, Bhagalpur district, Bihar. The project marks one of the largest private coal-fired power investments in India in recent years and is slated for completion within 60 months. Alongside, Adani Power has signed a 25-year power supply agreement with the Bihar State Power Generation Company. This move aims to boost Bihar’s power infrastructure, support industrial growth, and generate significant employment opportunities.
Key Highlights Of The Adani Power Bihar Project
The new greenfield thermal power plant will have a capacity of 2400 MW through three ultra-supercritical units of 800 MW each.
Projected investment of approximately $3 billion will cover the infrastructure, plant construction, and associated facilities.
The first unit is expected to be commissioned within 48 months, with the entire plant operational in 60 months.
Power generated will be supplied exclusively to the North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL).
The power supply agreement spans 25 years, securing long-term energy distribution to meet Bihar’s growing demand.
The tariff rate offered by Adani Power under the competitive bidding was ₹6.08 per KWh, reflecting competitive pricing and operational efficiency.
The project is estimated to create 10,000 to 12,000 direct and indirect jobs during construction and about 3,000 permanent jobs after becoming operational.
Fuel for the plant will be sourced through coal linkages allocated under the Government of India’s SHAKTI policy.
Strategic Importance For Bihar And India’s Energy Sector
Bihar, with its expanding industrial base and population, faces rising power demand. The addition of this 2400 MW plant will significantly augment the state’s power generation capacity, ensuring more reliable and cost-efficient electricity supply. The project aligns with India's broader energy goals where coal-fired power remains a backbone, balancing renewable energy intermittency and supporting base load power demands.
Ultra-supercritical technology will enhance plant efficiency and reduce emissions compared to conventional coal plants, reflecting Adani Power’s commitment to sustainability alongside expanding generation capacity.
Adani Power’s Expansion Vision And Market Position
Adani Power is India’s largest private thermal power producer with an installed capacity of over 18,000 MW across various states. The Bihar project forms a vital part of its plan to expand base load power generation to over 30,000 MW by 2030, reinforcing its leadership in India’s power sector.
S.B. Khyalia, CEO of Adani Power, highlighted the project’s role in catalyzing Bihar’s industrial growth, improving economic activity, and supporting the prosperity of communities through affordable, uninterrupted power supply.
Financial And Employment Impact Of The Project
The investment of $3 billion will not only stimulate local economies during construction but also bring long-term benefits through sustainable energy supply that attracts more industries. The substantial employment creation during construction—estimated between 10,000 and 12,000 jobs—and after operation further demonstrate the project’s socio-economic importance.
Coal Linkage And Fuel Supply Security
Securing fuel linkage under the SHAKTI policy ensures steady coal supply for uninterrupted power generation, a critical factor for operational success and cost control. This linkage strengthens project viability by mitigating risks related to fuel availability and price volatility.
Timeline And Project Developments
With the letter of intent already secured from Bihar State Power Generation Company, Adani Power is moving quickly towards finalizing power supply agreements and commencing construction. The design, build, finance, own, and operate (DBFOO) model facilitates streamlined project delivery and efficient asset management.
Conclusion: Powering Bihar’s Growth And India’s Energy Future
Adani Power’s bold move to develop this 2400 MW thermal power plant underlines the vital role of coal in India’s energy strategy amid rising demand. The project promises affordable power, job creation, and economic development for Bihar, while showcasing advanced technology and operational excellence. Its timely completion within 60 months will mark a key milestone supporting India’s goal of reliably powering its growth and industrialization.
Sources: Argus Media, Economic Times, Business Today, Power Technology, Scanx Trade
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