Adani Power Wins LoI for $3 Billion, 2.4 GW Plant in Bihar

Adani Power Ltd. has received a letter of intent to build and operate a 2,400-megawatt coal-based thermal power station in Bhagalpur, Bihar, according to information released on 7 August. The project, valued at roughly $3 billion, will mark one of the largest greenfield electricity investments in the eastern Indian state. The facility is intended to reinforce grid reliability in a region that continues to face supply shortfalls while overall demand for electricity rises. The development also underscores the port-to-energy conglomerate’s strategy of deepening its presence across India’s core infrastructure sectors despite broader industry moves toward renewables.