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Harika Enjamuri

13th Sep · SEBI-Registered Analyst

Adani Power secures 2,400 MW thermal project in Bihar with $3 billion investment

ADANIPOWER
has won a 2,400 MW ultra supercritical thermal power project in Pirpainti, Bhagalpur, through a competitive bidding process, signing a 25-year supply agreement with the state utility at a tariff of ₹6.075 per unit. The project, to be built with three units of 800 MW each on a build-own-operate basis, involves an estimated $3 billion investment and is backed by coal supply under the SHAKTI policy. It is expected to generate 10,000–12,000 jobs during construction and around 3,000 jobs post commissioning, with full completion targeted in 60 months. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.

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