India’s Adani Power will build and operate a 2.4 GW coal-fired power plant worth US$3bn in the state of Bihar (India). The project involves a greenfield 3x800 MW ultra-supercritical (USC) power plant, developed under the Design, Build, Finance, Own, and Operate (DBFOO) model. The first of the three units is expected to be commissioned within four years (2029), with the final unit coming online within five years (2030). The company will supply 2,274 MW power to North Bihar Power Distribution Company Ltd. (NBPDCL) and South Bihar Power Distribution Company Ltd. (SBPDCL).
Adani currently operates 18.1 GW of coal-fired capacity across 12 plants in eight states. It recently won bids to build and operate a 1.5 GW plant in Uttar Pradesh (May 2025) and a 1.6 GW facility in Maharashtra (September 2024).
Coal remains central to India’s energy mix, accounting for 50% of installed capacity and 70% of power generation in 2024. India aims to have 50% of its installed capacity from non-fossil fuels by 2030 and has pledged to achieve carbon neutrality by 2070.