Adani Group’s Bhagalpur 2,400 MW power project, costing Rs 30,000 crore, aims to bridge Bihar’s critical energy deficit. It will supply nearly one-fourth of future power demand, boost industrial growth, create employment, and drive large-scale infrastructure development, marking a historic turning point in Bihar’s economic progress.
Adani Group’s ambitious 2,400 MW Bhagalpur Power Project in Bihar, with a massive investment of Rs 30,000 crore, promises to revolutionize the state’s energy landscape and economic prospects. Bihar faces a power deficit, with installed capacity (~6,000 MW) trailing peak demand (8,908 MW in FY25) and growing rapidly.
Key Highlights:
Power Capacity Boost: The project will add 2,400 MW, supplying almost 25% of Bihar’s additional power needs projected over the next decade, helping steady the grid and reduce reliance on imports.
Competitive Bid and Tariff: Adani Power won the tender quoting Rs 6.075 per kWh, lower than competing bids, reflecting efficient cost management and promising affordable electricity prices to consumers and industries.
Industrial Growth Catalyst: Reliable power is expected to attract investment, energize stalled industrial development, and boost employment in a state long challenged by underdevelopment and labor migration.
Job Creation: The project is estimated to create millions of man-days of direct and indirect employment across multiple trades, significantly benefiting local communities.
Transparent Development Model: The land for the project remains state-owned and leased at nominal rates, with no special concessions given, ensuring ethical, sustainable development.
Strategic Importance: As Bihar plans its trajectory toward doubling power demand by 2034-35, the Bhagalpur project stands central to meeting energy needs critical for agricultural and industrial progress.
The Bhagalpur power project represents a historic opportunity for Bihar to plug into India’s growth story, energize its economy, and create a foundation for sustainable development.
Sources: Morung Express, NDTV, Economic Times Energy, Indian Masterminds, The Hans India, Business Standard, Adani.com.