Adani Power Ltd has emerged as the lowest bidder for a 3.2 gigawatt (GW) coal-based power supply tender floated by the northeastern state of Assam, marking another major milestone in the company’s rapid expansion in India’s thermal power sector.
The award has received provisional approval from the state electricity commission, and the final contract is expected to be signed soon, according to company officials.
The Assam government had invited bids to boost its baseload generation capacity in response to rising power demand and the growing intermittency of renewable energy.
The state’s tender is part of a larger national trend, with multiple states — including Rajasthan, Uttar Pradesh, and Gujarat — floating over 22 GW of coal-based tenders in recent months.
This underscores a renewed focus on conventional energy even as India continues to advance its green transition agenda.
Adani Power stated that following the regulatory nod, the next steps would involve formalising the power purchase agreement (PPA) and finalising the project execution plan.
While the company has not disclosed the winning tariff, industry experts said Adani’s pricing was highly competitive, making it the frontrunner for the Assam project.
The contract aligns with Adani Power’s broader ambition to expand its generation capacity from 18 GW currently to 42 GW by fiscal year 2032.
The company plans to add around 12 GW by 2030, backed by an investment commitment of about ₹2 trillion.
It has already placed pre-orders for key power plant equipment, including boilers, turbines, and generators, to accelerate implementation across its upcoming projects.
The Assam tender is viewed as a strategically significant win for Adani Power, given the region’s increasing industrialisation and infrastructure growth.
The project is expected to improve supply stability in the Northeast while complementing the region’s renewable energy initiatives.
Analysts note that coal-based projects like this remain crucial to balancing grid reliability as India transitions toward cleaner energy sources.
However, several challenges remain. Adani Power will need to secure coal linkages, complete environmental clearances, and manage construction logistics in a region with relatively complex terrain.
Additionally, the company faces broader macroeconomic headwinds such as rising input costs and evolving global policies on coal financing and emissions.
For the Assam government, the partnership represents a key step toward ensuring consistent and affordable power supply to both urban and industrial consumers.
It also signals the state’s openness to large-scale private investment in the power sector despite India’s longer-term push toward renewables.
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