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Bihar Awards 2,400 MW Bhagalpur Power Project to Adani at Rs 6.075/Unit

Officials say the state retains ownership of the site under a nominal lease with no special concessions to the developer.

Overview

  • Adani Power won the e-bid as the lowest bidder, edging Torrent Power (Rs 6.145/unit), Lalitpur Power (Rs 6.165), and JSW Energy (Rs 6.205).
  • The discovered tariff totals Rs 6.075 per kWh, split into a fixed charge of Rs 4.165 and a fuel charge of Rs 1.91.
  • The project carries an investment of about Rs 30,000 crore and targets Bihar’s growing electricity needs, which the CEA projects near 17,000 MW by FY35.
  • Authorities describe a transparent e-bidding process, noting that the land was acquired earlier by the state and leased at nominal rent under the Bihar Industrial Investment Promotion Policy 2025, with reversion after the project term.
  • Opposition leaders accuse the government of favoring the Adani Group and inflating costs, while officials and sources say the tariff is competitive compared with recent bids in Madhya Pradesh.