Adani Power wins Assam coal bid

  Published 8 months ago

Adani Power emerged as the lowest bidder for Assam’s 3.2 GW coal tender, boosting its expansion plans toward a 42 GW total capacity.

  • The tender is part of India’s 22 GW thermal expansion drive to meet rising power demand amid renewable intermittency issues.
  • Adani Power plans to invest ₹2 trillion to reach 42 GW capacity by FY 2032, commissioning 12 GW by FY 2030.
  • Power dues from Bangladesh have sharply reduced to 15 days of supply from nearly $2 billion earlier this year.

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