Adani Power's $3 Billion Greenfield Thermal Project in Bihar
Adani Power has received a Letter of Award to set up a 2,400 MW thermal power plant in Bihar with a $3 billion investment. This project, located in Bhagalpur's Pirpainti district, aims to meet the increasing power demands of India and will generate significant employment opportunities.
- Country:
- India
Adani Power announced on Friday the receipt of a Letter of Award (LoA) for establishing a 2,400 MW greenfield thermal power plant in Pirpainti, Bhagalpur district of Bihar, costing USD 3 billion.
The LoA, granted by Bihar State Power Generation Company Ltd (BSPGCL), involves a 25-year electricity procurement plan, supplying power from the upcoming ultra-supercritical plant, which is designed for high-efficiency and sustainability.
The plant is not only a significant step in supporting India's growing electricity needs but also expected to create up to 12,000 jobs during construction and 3,000 when operational, providing crucial energy security for the future.
(With inputs from agencies.)
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