Mumbai, Aug. 7 -- As per the terms of the agreement, APL will supply 2,274 MW power to North Bihar Power Distribution Company (NBPDCL) and South Bihar Power Distribution Company (SBPDCL) from the greenfield thermal power project that would 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 kilowatt-hour (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...