Bhagalpur, Bihar | June 28, 2025 — In what will be the largest private sector investment in Bihar’s power sector, four major private power companies — Adani Power, JSW Energy, Torrent Power, and Bajaj Group’s Lalitpur Power — have expressed interest in setting up a 2400 MW thermal power plant at Pirpainti in Bhagalpur district.
The ₹28,000 crore project involves the construction of three thermal power units, each with a capacity of 800 MW, under the Tariff Based Competitive Bidding (TBCB) process. Bihar State Power Generation Company Limited (BSPGCL), based in Patna, will serve as the nodal agency for the project.
According to a senior official in the Bihar Energy Department, the e-bidding process was initiated on June 17, 2025, with June 25 as the deadline for application submissions. The government had given its in-principle approval for the project earlier this year, during a cabinet meeting on February 4.
Key Project Details:
- Project Cost: ₹28,000 crore
- Location: Pirpainti, Bhagalpur district
- Capacity: 2400 MW (3 units of 800 MW each)
- Land Acquired: 1200 acres
- Consultant: SBI Capital Markets Limited, Mumbai
- Water Source: 60 cusecs from River Ganga (subject to approval)
- Coal Linkage: 10.43 MTPA from nearby Eastern Coalfields Ltd (ECL)
The power generation company will issue bid documents by July 2, 2025. Technical bids are set to be opened on July 11, followed by financial bid opening on July 16, with the Letter of Award (LOA) expected to be issued within 30 days of bid finalization.
Once operational, the project will supply electricity primarily to South Bihar Power Distribution Company Ltd (SBPDCL) and North Bihar Power Distribution Company Ltd (NBPDCL). Any surplus power can be sold in the open market, providing additional revenue opportunities.
Strategic Importance
The project is expected to strengthen Bihar’s power infrastructure, ensuring round-the-clock quality electricity for households, agriculture, and industry. It is also seen as a crucial step toward accelerating the state’s economic growth, especially in power-deficit regions.
With interest from some of the country’s biggest energy players, the project marks a turning point for industrial investment in Bihar and a major boost for its long-term energy security.
