Adani Power Limited’s ultra-supercritical 1,600 MW Godda Thermal Power Plant in Jharkhand—currently exporting all its electricity to Bangladesh—is expected to be connected to India’s national power grid by December 2025, enabling participation in the domestic electricity market under specific conditions. “We are expecting that the Godda power plant will be connected by December 2025. If there is persistent non-scheduling from Bangladesh due to lack of demand, or if there is a payment default under the Power Purchase Agreement (PPA), we have been permitted to sell power to the Indian grid,” said S. B. Khyalia, CEO of Adani Power Limited, during an earnings call on Thursday. Commissioned as India’s first private thermal plant dedicated to cross-border power export, the first 800 MW unit of the Godda plant began operations on 6 April 2023, followed by the second 800 MW unit on 26 June 2023. Under a 25-year PPA with Bangladesh, the project initially faced payment arrears exceeding USD 500 million from the Bangladeshi power utility. However, following an amendment to Indian regulations in August 2024, Adani Power was allowed to supply power from Godda to the Indian grid under certain conditions. Adani Power stated that most of the dues have now been cleared by Bangladesh, with only half a month’s payment outstanding. The company also highlighted the strong operational performance of the plant, reporting a Plant Load Factor (PLF) of 72 per cent during the second quarter of FY2025, significantly higher than the national average of 60–65 per cent for thermal power stations. “The PLF at Godda is much better than the Indian grid average,” Khyalia said, noting that the plant’s performance demonstrates its efficiency and reliability. Adani Power is currently involved in bidding processes for 22,000 MW of thermal capacity across India. The company has emerged as the lowest bidder (L1) for a 3,200 MW project in Assam, which has already received regulatory approval, and expects formal communication of the award soon. Khyalia added that Adani Power has also submitted bids for new thermal projects in Rajasthan (3,200 MW), Uttarakhand (1,320 MW), Maharashtra (1,600 MW), Uttar Pradesh (4,000 MW), West Bengal (2,260 MW), Karnataka (1,600 MW), and Gujarat (4,000 MW). The company currently has four brownfield thermal projects under construction, with a combined capacity of 6,020 MW, for which major equipment orders have been placed with L&T and BHEL. These projects are scheduled for completion between FY2026 and FY2029. “We have fully de-risked our project pipeline with 100 per cent advance ordering for boilers, turbines, and generators,” Khyalia said. “All projects are brownfield, and 100 per cent of the required land is already available.” The integration of the Godda plant into India’s national grid represents a strategic milestone for Adani Power, enhancing its operational flexibility and reinforcing its leadership in India’s thermal power sector.