Adani Power Limited has informed the stock exchanges that it has received and accepted a Letter of Award (LoA) from Bihar State Power Generation Company
Limited (BSPGCL) for setting up a 2400 MW thermal power project in Bihar.
In an exchange filing, the company stated, “We refer to our disclosure dated August 7, 2025, about receipt of Letter of Intent for 2400 MW Thermal Power Project from Bihar State Power Generation Company Limited (“BSPGCL”) for long term procurement of electricity on behalf of North Bihar Power Distribution Company Ltd. (“NBPDCL”) and South Bihar Power Distribution Company Ltd. (SBPDCL)”.
Where will thermal power project be set up?
The company further stated that the thermal power project will be set up at Village Pirpainti, Dist. Bhagalpur, Bihar.
“From 2400 MW (3X 800MW) Thermal Power Project to be set up at Village Pirpainti, Dist. Bhagalpur, Bihar, on Design, Build, Finance, Own and Operate (DBFOO) model by sourcing fuel from the allocated coal linkage arranged by the Utility under Para B(IV) of SHAKTI Policy”, said the company.
Adani Power receives letter of award for 2400 MV thermal power plant
Adani Power Ltd., India's largest private sector thermal power generator, today, 20 August, said it has received a Letter of Award (LoA) for 25 Years long term procurement of electricity from Bihar State Power Generation Company Ltd. (BSPGCL), which it will supply from a 2,400 MW (800 MW X 3) greenfield ultra super critical plant to be set up at Pirpainti in Bhagalpur district of Bihar.
BSPGCL awarded the LoA to APL on behalf of North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL), the two state utilities. This would be followed by the signing of the Power Supply Agreement (PSA) between the entities.
In an exchange filing, the company said, “In furtherance of our above disclosure, we would like to inform that we have now received a Letter of Award (“LoA”) for the aforesaid Thermal Power Project”.
The project will generate direct and indirect employment of 10000 – 12000 during the construction phase and 3000 once in operation.
India’s power demand is expected to grow rapidly in the coming years, with peak demand rising from the current 250 GW to 400 GW by 2031-32, and 700+ GW by 2047.
