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Adani’s ₹26482 Cr Bet on Bihar’s Power Future | 7 Points

Patna


Adani Power’s $3 Billion (₹26,482 Cr) Bihar Bet: 2,400 MW Project to Boost State’s Energy Supply

1. Mega Investment in Bihar

  • Total Investment: USD 3 billion (~₹26,482 crore).

  • Project Capacity: 2,400 MW ultra super-critical thermal power plant.

  • Location: Pirpainti, Bhagalpur district, Bihar.


2. Project Structure & Timeline

  • Configuration: 800 MW × 3 units.

  • Model: DBFOO (Design, Build, Finance, Own, and Operate).

  • Commissioning Timeline: 60 months (5 years).


3. Power Supply Agreement (PSA)

  • Tenure: 25-year Power Supply Agreement (PSA).

  • Buyer: Bihar State Power Generation Company Ltd. (BSPGCL).

  • Beneficiaries: North Bihar Power Distribution Company Ltd. (NBPDCL) & South Bihar Power Distribution Company Ltd. (SBPDCL).

  • Winning Bid Rate: ₹6.075 per kWh (lowest bid).


4. Fuel Security – SHAKTI Policy

  • Coal linkage secured under Government of India’s SHAKTI Policy, ensuring:

    • Stable fuel supply.

    • Reduced input cost risks.


5. Employment & Economic Impact

  • During Construction: 10,000–12,000 jobs (direct + indirect).

  • Post Commissioning: ~3,000 permanent jobs.

  • Boost to local economy via infrastructure and auxiliary industries.


6. Adani Power’s National Position

  • Part of the Gautam Adani-led Adani Group.

  • India’s largest private thermal power producer.

  • Installed Capacity: 18,110 MW (prior to this Bihar project).


7. Financial Takeaways

  • ₹26,482 crore investment = one of the largest private sector power commitments in Bihar.

  • Long-term revenue stream locked through 25-year PSA.

  • Competitive tariff of ₹6.075/kWh strengthens market position.


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