India | News

Adani Power receives LoI for 2,400 MW thermal project in Bihar

By

Adani Power Limited has secured a Letter of Intent from Bihar State Power Generation Company Limited to develop a 2,400 MW coal-based power project in Bhagalpur. The planned facility will feature three 800 MW ultra-supercritical units. It will be implemented under the Design, Build, Finance, Own, and Operate model. The first unit is targeted for commissioning within 48 months, with the second and third units scheduled for completion in 54 and 60 months, respectively. Electricity…

India | News

Adani Power acquires Reliance’s Butibori thermal project

By

Adani Power Limited (APL) has completed the acquisition of Vidarbha Industries Power Limited (VIPL) for an estimated Rs 40 billion. The deal, finalised on July 7, 2025, gives APL ownership of the Butibori Thermal Power Project in Nagpur district, Maharashtra. VIPL was a wholly owned subsidiary of Reliance Power Limited (RPL). It had developed the Butibori project with an investment of Rs 36.33 billion. The project consists of two thermal units of 300 MW each,…

India | News

Adani Power in race for 2,400 MW Pirpainti project in Bihar

By

Adani Power Limited (APL) is among four firms competing for the 2,400 MW Pirpainti Thermal Power Project in Bhagalpur district, Bihar. The other companies that have expressed interest are JSW Energy Limited (JSWEL), Torrent Power Limited, and Lalitpur Power Generation Company Limited (LPGCL). Originally proposed with a capacity of 1,320 MW (2 × 660 MW), the project has now been revised to 2,400 MW, comprising three units of 800 MW each.  

India | News

Bangladesh pays $437 million to Adani Power

By

Bangladesh paid USD 437 million to Adani Power Limited in June 2025, clearing all outstanding dues associated with the 1,600 MW Godda plant in Jharkhand. This ends months of delayed payments and supply uncertainty. The settlement includes carrying costs and amounts under the power purchase agreement. Bangladesh also issued a sovereign guarantee and a Letter of Credit worth two months of billing, about USD 180 million. Following this, the Bangladesh Power Development Board (BPDB) directed…

India | News

BHEL wins STG order for Adani’s 4,800 MW thermal project

By

Bharat Heavy Electricals Limited (BHEL) has secured a Letter of Award (LoA) worth Rs 65 billion for supplying Steam Turbine Generator (STG) equipment and supervising erection and commissioning (E&C) for a 4,800 MW thermal power project by Adani Power Limited (APL). The award, issued on June 27, 2025, covers six units of 800 MW each.

India | News

Adani Power gets NCLT nod to acquire VIPL for Rs 40 billion

By

Adani Power Limited has received approval from the National Company Law Tribunal (NCLT), Mumbai bench, to acquire Vidarbha Industries Power Limited (VIPL). The acquisition is valued at Rs 40 billion and is expected to close by July 17, 2025. Adani Power received the letter of intent (LoI) for the deal from the resolution professional on February 24, 2025. VIPL, a wholly owned subsidiary of Reliance Power Limited, developed the 600 MW Butibori Thermal Power Project…

India | News

Adani Power to supply 1,500 MW to Uttar Pradesh from 2030

By

Adani Power Limited (APL) has secured a contract to supply 1,500 MW of thermal power to Uttar Pradesh Power Corporation Limited (UPPCL). The supply will come from the upcoming Mirzapur Thermal Power Project in Uttar Pradesh. UPPCL had invited bids for this contract in March 2024. APL emerged as the selected bidder through a tariff-based competitive bidding (TBCB) process. The Uttar Pradesh Cabinet has approved the signing of a power purchase agreement (PPA) between APL…

India | News

Adani Power posts Rs 127.50 billion net profit in FY25

By

Adani Power Limited has reported a net profit of Rs 127.50 billion in 2024–25, a decline of 38.78 percent from Rs 208.29 billion recorded in the previous year. Total income fell 2.28 percent to Rs 589.06 billion in FY25 from Rs 602.81 billion in FY24. However, one source indicated a 10 percent growth in revenue during the period. The company posted a net profit of Rs 27.37 billion for the quarter ended March 31, 2024….

India | News

Adani Power plans 30,000 MW nuclear capacity

By

Adani Power Limited (APL) is planning to develop 30,000 MW of nuclear power capacity, aiming to replace its thermal power projects (TPPs) with nuclear power projects (NPPs).  The TPPs will be phased out as their power purchase agreements (PPAs) conclude. The coal-to-nuclear transition is gaining traction globally, with small modular reactors (SMRs) seen as a viable way to reuse old thermal plant sites. The U.S., Canada, Romania, and Poland are among the frontrunners in adopting…

India | News

Power Mech Projects wins Rs 29.4 billion order for Korba thermal project

By

Power Mech Projects has secured a Rs 29.4 billion order from Adani Power for services related to the 1,320 MW Korba Phase-II Thermal Power Project in Chhattisgarh.  The contract involves overhauling, erection, testing, commissioning, and manpower support for performance guarantee tests of steam generators (SG) for Units 3 and 4. These activities are essential to ensure operational efficiency and meet technical requirements.