Top News

Patna. Adani Power Ltd has a big project in Bihar (Bihar). Thermal Power Generator Company, the country’s largest private sector, has got the job of setting up a 2400 MW plant from Bihar State Power Generation Company Limited. This plant will be set up in Bhagalpur. Let me tell you, the purchase of electricity will be done by the Bihar government.

The agreement is 25 years old
Under this work order, Adani Power Limited will have to provide electricity to this plant for 25 years to Bihar. The Adani Group got this project on the basis of bids. Adani Power Limited bid at 6.075 per kW. Which is the lowest. Adani Power Limited will invest $ 3 billion in this project. Let me tell you, the company will also make and operate the project with design. Three units of 800 MW will be built.

The coal supply for this project will be supplied through the government’s power policy. According to the company, 10,000 to 12000 people will get jobs during the project construction. At the same time, about 3000 people will get jobs after a project starts. Let me tell you, this project can start in 60 months.

On Friday, it was seen fast
The prices of Adani Power shares have seen a rise of more than 3 percent on Friday. At the time of market closure on Friday, Adani Power shares rose by more than 3.88 percent to close at the Rs 648.65 level in BSE. This year, the prices of Adani Power shares have seen a rise of more than 23 percent. In 5 years, the price of Adani Power shares has risen 1634 percent.