Overview

• Adani Power received a 25-year Letter of Award from Bihar’s BSPGCL to supply electricity from a new 2,400 MW ultra‑supercritical plant at Pirpainti, bid at Rs 6.075 per kWh.
• The Bihar project comprises three 800 MW units under a DBFOO model, will proceed to a Power Supply Agreement, and carries an estimated $3 billion investment with around 10,000–12,000 construction jobs and 3,000 roles once operational.
• Separately, MP Power Management Company awarded Adani an LoA for an 800 MW ultra‑supercritical unit at Anuppur at Rs 5.838 per kWh, with Rs 10,500 crore of investment and commissioning targeted within 54 months of the appointed date.
• Fuel for the Bihar plant will come from a coal linkage arranged under the SHAKTI policy, while the Madhya Pradesh unit will draw from SHAKTI-allocated coal; both projects are slated to move to formal PSAs.
• The Madhya Pradesh awards arrive alongside a separate 1,600 MW LoA to Torrent Power at Rs 5.829 per kWh, taking new MP coal projects to about Rs 32,500 crore as India pursues nearly 88 GW of additional coal capacity by early 2032.