Adani Power Jumps 1.03% as Firm Signs ₹25,000-Crore Bihar Power Pact

Mumbai, September 15, 2025: Adani Power Limited share price is on the rise today, on September 15, 2025. As of 11:05 AM, the shares are up by 1.03%, or 6.65 points, and are currently trading at ₹655.00. Until now, the shares have traded within a range of ₹666.80 and ₹653.00. The current traded volume stands at ₹45.19 lakh shares, with the current market cap at ₹2,50,142 crore. The shares have their 52-week range between ₹432.00-₹681.55.

Adani Power Limited is an Indian thermal power company. The company was incorporated on 22nd August 1996, and is headquartered in Ahmedabad, Gujarat, India. The shares of the company are listed on NSE with the ticker symbol ADANIPOWER and on BSE with the code 533096.

Key Trigger: ₹25,000-Crore Bihar Power Pact

The shares are rising due to the company’s announcement that it has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd. (BSPGCL). The order is for 2,400 MW ultra super critical thermal power project in Bhagalpur.

Under the project, Adani Power will invest about $3 billion (₹25,000 crore) to construct the Pirpainti plant (3×800 MW). The plant will be developed under the Design, Build, Finance, Own, and Operate (DBFOO) model. Adani Power won the project by quoting the lowest price of ₹6.075 per kWh.

The company will source coal for the project under the Government of India’s SHAKTI Policy. The project is expected to generate 10,000–12,000 jobs during construction and around 3,000 jobs once the plant is operational. Adani Power is expected to complete the project within 60 months.

Project Strengthening Leadership

Adani Power’s management believes that this project worth ₹25,000 crore will strengthen its leadership in the private power sector, and will allow it to increase its market share while providing reliable and affordable energy to high-demand regions like Bihar.

REF: https://nsearchives.nseindia.com/corporate/ADANIPOWER_13092025113048_APLsigningPPABihar13092025.pdf

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