India, Aug. 7 -- Adani Power Ltd., India's largest private-sector thermal power producer, has received a Letter of Intent (LoI) from the Bihar State Power Generation Company Ltd. (BSPGCL) to develop and operate a 2,400 MW greenfield thermal power project at Pirpainti in Bhagalpur district. The power generated will be supplied to North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL), with a total contracted capacity of 2,274 MW.
Adani Power emerged as the lowest bidder in a competitive tender process, quoting a final supply price of ?6.075 per unit. The project will be developed under the Design, Build, Finance, Own, and Operate (DBFOO) model and will feature a 3x800 MW Ultra-supercrit...