Four private power companies that included Adani Power, JSW Energy, Torrent Power and Bajaj Group’s Lalit Power have proven interest in setting up a 2400 MW thermal power plant at Bhagalpur’s Pirpainti in Bihar.
It would be the largest private sector funding in the power sector in Bihar with an funding of ₹28,000 crore for the challenge.
Under the challenge, three plants- one every of 800 MW capability totaling 2400 MW- will likely be set up at Pirpainti as a part of the Tariff Based Competitive Bidding (TBCB) course of for which Bihar State Power Generation Company Limited (BSPGCL), Patna would be the nodal company.
Private power companies- Adani Power Limited, JSW Energy Limited, Torrent Power Limited, and Lalitpur Power Generation Company Limited, a subsidiary of Bajaj Group- submitted their purposes following the bidding course of initiated by BSPGCL, Patna.
“The generation company had on June 17, 2025 invited applications from private companies for participating in e-bidding with the last date for submission of application was June 25, 2025. The project entailing an investment of Rs 28,000 crore marks the largest private sector investment in the power sector of the state, “A senior official of Energy Department said.
The Bihar government in its cabinet meeting held on February 4, 2025 had given its in principle approval for the project.
The state government has already acquired 1200 acres of land for setting up the plants and nominated M/s SBI Capital Markets Limited, Mumbai providing consultancy services for the purpose.
The coal supply of 10.43 MTPA (Million Tonnes Per Annum) to the plant is likely to be linked with nearby coal block from Eastern Coalfields Ltd (ECL) while the plant would draw 60 cusecs of water from river Ganga if given clearance by the state government.
“The generation company would invite bid documents from the above mentioned power companies by July 02, 2025 while the last date for submitting bids will be July 11, 2025 and the technical bid will be opened the same day while financial bid will be opened on July 16, 2025 and “Letter of Award” (LOA) will likely be issued inside 30 days of the completion of the bidding course of, “the official additional mentioned.
Once operational, the crops will primarily provide electrical energy to each the power distribution companies which cater to the wants of the state’s power customers.
The two distribution companies- South Bihar Power Distribution Company Ltd and North Bihar Power Distribution Company Ltd- could have the primary proper to buy power and surplus power, if any, could be offered to different patrons in the open market.
The addition of latest power crops would additional increase and strengthen the power provide system of the state making certain around the clock high quality power provide to the customers and agriculture and industries, accelerating the general development of the State.
