In a major boost to Bihar’s power sector, Adani Power Ltd has announced that it will set up a 2,400 MW ultra super-critical thermal power plant in Pirpainti, Bhagalpur district, with an investment of about USD 3 billion (₹26,482 crore). The company has entered into a 25-year Power Supply Agreement with the Bihar State Power Generation Company Ltd. (BSPGCL) to supply electricity from the project, which was awarded through a competitive bidding process conducted on behalf of North and South Bihar Power Distribution Companies. Adani Power won the contract by quoting the lowest tariff of ₹6.075 per kilowatt-hour, ensuring a reliable and cost-effective source of electricity for the state.
The plant will have three units of 800 MW each and will be developed under the Design, Build, Finance, Own and Operate (DBFOO) model. Adani Power plans to complete the project within 60 months, with coal supplies already secured under the SHAKTI policy of the Government of India. The company said the project will generate around 10,000–12,000 direct and indirect jobs during the construction phase and about 3,000 permanent jobs once operational.
The project is expected to significantly strengthen Bihar’s electricity supply, reducing dependence on imports from other states and supporting the state’s industrial and agricultural sectors. Officials believe it will also improve the quality of life for millions of households across the state by providing stable and affordable power.
Adani Power, a part of Gautam Adani’s conglomerate, is already the largest private thermal power producer in India with an installed capacity of 18,110 MW. The new investment in Bihar will further expand its presence in the eastern region and contribute to the company’s strategy of building efficient power generation infrastructure across the country.
A company spokesperson said the project represents not just an investment in infrastructure but also in Bihar’s development, as it will help create jobs, boost economic activity and provide the state with a dependable source of energy for years to come.
