New Delhi, Aug. 29 -- Adani Power 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.

As per a press release, the award was given by Bihar State Power Generation Company Ltd. (BSPGCL) on behalf of North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL). Following the LoA, a Power Supply Agreement (PSA) is expected to be signed soon between the entities to finalize the arrangement.

Adani Power's Chief Executive Officer, S.B. Khyalia, highlighted the i...