In a competitive bidding process, Adani Power has emerged as the lowest bidder, offering a supply price of Rs6.075 per kWh.
Adani Power secured the contract through a competitive bidding process, offering a supply rate of Rs6.075 ($0.07) per kilowatt hour. The project involves constructing a greenfield 3x800MW ultra-supercritical power plant under the design, build, finance, own, and operate (DBFOO) model. The first unit is expected to be operational within 48 months from the assigned date, with the final unit completed within 60 months.
The plant will use coal sourced under India’s SHAKTI policy, which ensures transparent allocation of coal resources. The project is anticipated to create 10,000 to 12,000 jobs during construction and sustain 3,000 jobs once operational, contributing to local economic growth.
Adani Power’s CEO, SB Khyalia, expressed enthusiasm for the project, stating: “We are pleased to have won the bid to develop and operate a 2,400MW thermal power project in Bihar. We will set up a new greenfield plant with an investment of $3bn, which is expected to further aid industrialisation in the state. Our plant will be an advanced, low-emission ultra-supercritical and will supply dependable, competitively priced and high-quality power to the state.”
In July 2025, Adani Power completed its acquisition of Vidarbha Industries Power Limited (VIPL) for Rs40bn. VIPL operates a 600MW coal-fired power plant in Butibori, Nagpur district, Maharashtra, comprising two 300MW units. This acquisition strengthens Adani Power’s portfolio in India’s energy sector.
The Bihar project underscores Adani Power’s commitment to delivering reliable and efficient energy solutions, supporting industrial development and energy demands in the region while incorporating advanced, low-emission technology.
