Adani Power to Set Up 1600 MW Thermal Plant

The Adani Group will set up a 1600 MW super-critical thermal power plant in Uttar Pradesh with the company identifying land for the purpose in Mirzapur district under the DBFOO (design, build, finance, own & operate) model.

- HT Correspondent

LUCKNOW:

The state government during a Cabinet meeting chaired by chief minister Yogi Adityanath on Tuesday approved the purchase of 1,500 MW power from a 1,600 MW thermal project through a 25-year bid.

Briefing media persons of the Cabinet decision, energy minister AK Sharma said final bids submitted by five companies on October 10, 2024, saw Adani Power's offer of Rs 5.383 per unit emerging as the lowest, securing the award over other bidders, including MB Power, Lalitpur Power Generation Company, Haldia Energy and Torrent Power.

"The electricity is to be procured under a long-term agreement, helping meet the state's rising energy demand," he said.