Ahmedabad, Aug. 7 -- Adani Power has received a Letter of Intent (LoI) from Bihar State Power Generation Company (BSPGCL) to supply 2,274 MW power to North Bihar Power Distribution Company (NBPDCL) and South Bihar Power Distribution Company (SBPDCL) from a 2,400 MW thermal power project

As per the company statement on Thursday, the thermal power project will 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 compa...