Guwahati, Nov. 1 -- Adani Power has emerged as the lowest bidder for a 3.2-gigawatt coal power supply tender in Assam, the company announced during a post-earnings call.

The state electricity commission has approved the bid, and Adani Power expects to receive the official award notice soon.

This Assam tender is part of a larger plan, totaling over 22 gigawatts of thermal power projects across states such as Rajasthan, Uttar Pradesh, Gujarat, and West Bengal, aimed at securing reliable long-term electricity as demand grows and renewable energy remains variable.

In August, Adani Power revealed plans to invest around $5 billion in two new coal-fired plants. The company aims to raise its total capacity from 18 gigawatts to 42 gigawatts by ...