Adani Power signs PSA with Bihar for 2400 MW power supply
The agreement involves a significant investment and is expected to generate substantial revenue and employment.
Signing of a power supply agreement is a positive development for the company.
* Adani Power has signed a Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd. (BSPGCL) on 12 September 2025. * The PSA is for the supply of 2,400 MW of power from a greenfield ultra super critical plant to be set up at Pirpainti in Bhagalpur district of Bihar. * Adani Power won the project by offering the lowest supply rate at ₹6.075 per KWh. * The company plans to invest approximately $3 billion (₹24,900 crore) to build the new plant (800 MW X 3) and its supporting infrastructure under the Design, Build, Finance, Own, and Operate (DBFOO) model. * The coal linkage for the power plant has been allocated under the SHAKTI Policy of the Government of India. * The project is expected to generate direct and indirect employment of approximately 10,000 – 12,000 during the construction phase and approximately 3,000 once in operation. * The company aims to fully commission the plant in 60 months. * The PSA is for a term of 25 years.
What to do with a filing like this
Adani Power Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Adani Power Limited. Read the original for the full detail.