Latest news with #BiharStatePowerGenerationCompanyLtd
Hans India
21 hours ago
- Business
- Hans India
Adani Power setting up $3-bn power unit
Ahmedabad: Adani Power on Thursday said it has received a Letter of Intent (LoI) to develop and operate 2,400 MW Greenfield thermal power plant in Bihar at an investment of $3 billion. India's largest private sector thermal power generator won the bid from Bihar State Power Generation Company Ltd (BSPGCL) to supply 2,274-MW power to North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) from a 2,400 -MW thermal power project- to be developed at Pirpainti in Bhagalpur District of Bihar. Adani Power was the lowest bidder in a tightly contested tender process, with the final supply price of Rs6.075 per KWh. As part of the contract, the company will supply power from a Greenfield 3x800 MW Ultra-supercritical power plant, to be set up under the Design, Build, Finance, Own, and Operate (DBFOO) model. The first unit will be commissioned within 48 months of the appointed date, and the last one within 60 months of the appointed date. 'We are pleased to have won the bid to develop and operate a 2,400 MW thermal power project in Bihar. We will set up a new Greenfield plant with an investment of $3 billion, which is expected to further aid industrialisation in the state,' said SB Khyalia, Chief Executive Officer of Adani Power. 'Our plant will be an advanced, low-emission Ultra-supercritical one, and will supply dependable, competitively priced, and high-quality power to the state,' he mentioned.
Time of India
a day ago
- Business
- Time of India
Adani Power to build $3 bn thermal plant in Bihar after winning 2,274 MW supply contract
Adani Power Ltd . on Thursday announced that the company has secured a Letter of Intent (LoI) from Bihar State Power Generation Company Ltd . (BSPGCL) to develop and supply 2,274 MW of electricity to the state from a proposed 2,400 MW thermal power project in Bhagalpur district. The said plant will be set up in Pirpainti village at an investment of around $3 billion, the company said. The power will be distributed to North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL), the company said in a statement on Thursday. The LoI was issued following a bidding process, where Adani Power said it emerged as the lowest bidder with a final supply tariff of Rs 6.075 per KWh. The electricity will be sourced from a greenfield 3x800 MW Ultra-supercritical thermal plant to be developed under the Design, Build, Finance, Own, and Operate (DBFOO) model. 'We are pleased to have won the bid to develop and operate a 2,400 MW thermal power project in Bihar. We will set up a new greenfield plant with an investment of ~$3 billion, which is expected to further aid industrialization in the state. Our plant will be an advanced, low-emission Ultra-supercritical one, and will supply dependable, competitively priced, and high-quality power to the state,' said S.B. Khyalia, Chief Executive Officer of Adani Power. The first unit of the project is scheduled to be commissioned within 48 months of the appointed date, with the final unit coming online within 60 months. Fuel for the power plant will be supplied through a coal linkage granted under the Government of India's SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India) policy. According to Adani Power, the project will generate an estimated 10,000–12,000 jobs during the construction phase and approximately 3,000 jobs once the plant is operational. The company expects to receive the formal Letter of Award (LoA) soon, after which a Power Supply Agreement (PSA) will be signed with the state utilities.
India.com
2 days ago
- Business
- India.com
Big win for Gautam Adani, this company gets approval for Rs 262981420500 project from…, to set up 2400 MW…
Gautam Adani (File) Adani Power announced that it has received a Letter of Intent (LoI) from the Bihar State Power Generation Company to build and operate a 2,400-megawatt greenfield thermal power plant in Bihar's Bhagalpur district. The project involves an investment of USD 3 billion. The company expects to receive the LoA (Letter of Award) in due course and subsequently the Power Supply Agreement (PSA) will be executed with the state utilities. What Work Adani Power Will Do? The LoI has been awarded from Bihar State Power Generation Company Ltd (BSPGCL) to supply 2,274 MW energy North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL), the Adani Group company said in a statement on Thursday. Adani Power was the lowest bidder in the tightly-contested tender process, with the final supply price of Rs 6.075 per KWh. As part of the contract, the company will supply power from a greenfield 3×800 MW Ultra-supercritical power plant, to be set up under the Design, Build, Finance, Own, and Operate (DBFOO) model. The first unit will be commissioned within 48 months of the appointed date, and the last one within 60 months of the appointed date. 'We have won the bid to develop and operate a 2,400 MW thermal power project in Bihar. We will set up a new greenfield plant with an investment of USD 3 billion, which is expected to further aid industrialization in the state,' said S B Khyalia, Chief Executive Officer of Adani Power. Adani Power To Generate 10,000-12,000 Jobs He said the new plant will be an advanced, low-emission ultra-supercritical and will supply dependable, competitively priced, and high-quality power to the state. The plant will receive fuel from the allocated coal linkage under the SHAKTI Policy of Government of India. The project is expected to generate direct and indirect employment of 10,000-12,000 personnel during the construction phase and 3,000 once in operation. The company has an installed thermal power capacity of 18,110 MW spread across twelve power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil Nadu, apart from a 40 MW solar power plant in Gujarat.
NDTV
2 days ago
- Business
- NDTV
Adani Power To Build $3 Billion Greenfield Thermal Plant In Bihar
Ahmedabad: Adani Power on Thursday said it has received a Letter of Intent (LoI) to develop and operate 2,400 MW greenfield thermal power plant in Bihar at an investment of $3 billion. India's largest private sector thermal power generator won the bid from Bihar State Power Generation Company Ltd. (BSPGCL) to supply 2,274 MW power to North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL) from a 2,400 MW thermal power project — to be developed at Pirpainti in Bhagalpur District of Bihar. Adani Power was the lowest bidder in a tightly contested tender process, with the final supply price of Rs 6.075 per KWh. As part of the contract, the company will supply power from a greenfield 3x800 MW Ultra-supercritical power plant, to be set up under the Design, Build, Finance, Own, and Operate (DBFOO) model. The first unit will be commissioned within 48 months of the appointed date, and the last one within 60 months of the appointed date. 'We are pleased to have won the bid to develop and operate a 2,400 MW thermal power project in Bihar. We will set up a new greenfield plant with an investment of $3 billion, which is expected to further aid industrialisation in the state,' said S.B. Khyalia, Chief Executive Officer of Adani Power. 'Our plant will be an advanced, low-emission Ultra-supercritical one, and will supply dependable, competitively priced, and high-quality power to the state,' he mentioned. The project is expected to generate direct and indirect employment of 10,000–12,000 during the construction phase and 3,000 once in operation. The plant will receive fuel from the allocated coal linkage under the SHAKTI Policy of the Central government. The company said it expects to receive the LoA (Letter of Award) in due course and subsequently, the Power Supply Agreement (PSA) will be executed with the State Utilities. Adani Power, part of the Adani portfolio, is the largest private thermal power producer in India. The company has an installed thermal power capacity of 18,110 MW spread across 12 power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil Nadu, apart from a 40 MW solar power plant in Gujarat.
Hans India
2 days ago
- Business
- Hans India
Adani Power gets LoI to set up 2,400 MW coal-based power plant in Bihar at USD 3 bn investment
Adani Power on Thursday said it has received a letter of intent (LoI) from Bihar State Power Generation Company to develop and operate a 2,400 megawatt greenfield thermal power plant in Bhagalpur District of Bihar at an investment of USD 3 billion. The company expects to receive the LoA (Letter of Award) in due course and subsequently the Power Supply Agreement (PSA) will be executed with the state utilities. The LoI has been awarded from Bihar State Power Generation Company Ltd (BSPGCL) to supply 2,274 MW energy North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL), the Adani Group company said in a statement on Thursday. Adani Power was the lowest bidder in the tightly-contested tender process, with the final supply price of Rs 6.075 per KWh. As part of the contract, the company will supply power from a greenfield 3x800 MW Ultra-supercritical power plant, to be set up under the Design, Build, Finance, Own, and Operate (DBFOO) model. The first unit will be commissioned within 48 months of the appointed date, and the last one within 60 months of the appointed date. "We have won the bid to develop and operate a 2,400 MW thermal power project in Bihar. We will set up a new greenfield plant with an investment of USD 3 billion, which is expected to further aid industrialization in the state," said S B Khyalia, Chief Executive Officer of Adani Power. He said the new plant will be an advanced, low-emission ultra-supercritical and will supply dependable, competitively priced, and high-quality power to the state. The plant will receive fuel from the allocated coal linkage under the SHAKTI Policy of Government of India. The project is expected to generate direct and indirect employment of 10,000-12,000 personnel during the construction phase and 3,000 once in operation. Adani Power (APL), a part of the Adani portfolio, is the largest private thermal power producer in India. The company has an installed thermal power capacity of 18,110 MW spread across twelve power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil Nadu, apart from a 40 MW solar power plant in Gujarat.
