Adani Power Limited (APL) is stepping up its expansion plans, adding new capacity and winning major tenders to cater to India’s rapidly growing electricity demand. The company has committed a record level of investment to upcoming projects and strengthened its preparedness in terms of fuel availability and technology for the year ahead.
India is witnessing its largest increase in power demand in decades, driven by fast-paced urbanisation, expansion in industrial activity and rising disposable incomes. According to Adani Power, peak electricity demand in the country is expected to rise from 250 gigawatts to 400 gigawatts by 2032 and cross 700 gigawatts by 2047. Despite the growing share of renewable energy, thermal power continues to play a critical role by providing consistent supply and supporting grid stability.
In response, APL has revised its long-term generation target upwards to 41.87 gigawatts by 2032, from an earlier target of around 30 gigawatts. The company’s current installed capacity stands at 18.15 gigawatts. As part of this expansion, it is undertaking the largest private-sector thermal power project in India, involving a total investment of Rs 2 lakh crore. Land acquisition has been completed and orders for key equipment have already been placed.
The year 2025 marked several important achievements for the company. Its generation capacity increased following the acquisition of Vidharbha Industries and Power Ltd near Nagpur. APL also committed to investing more than USD 22 billion in projects through 2032. It secured significant power supply tenders from states including Uttar Pradesh, Bihar, Madhya Pradesh and Assam, with these wins featuring more greenfield projects than those secured by any other private player.
In Uttar Pradesh, the company invested USD 2 billion to establish a 1,500-megawatt power plant in Mirzapur. In Bihar, it developed a major facility in Bhagalpur with an investment of USD 3 billion. A 1,600 MW project is underway in Anuppur, Madhya Pradesh, backed by an investment of Rs 21,000 crore. In Assam, APL has developed a large project worth Rs 48,000 crore with a capacity of 3,200 megawatts. All these projects deploy high-efficiency technologies aimed at reducing emissions and conserving water.
APL has also diversified into hydropower through a partnership in Bhutan, where a project with a capacity of 570 megawatts is operational. To secure its fuel requirements, the company received approval to begin operations at a coal mine in Madhya Pradesh with an annual output of 6.5 million tonnes, helping ensure stable and reliable operations.
The expansion drive has boosted local employment across project sites. Ongoing projects are expected to generate jobs for more than one lakh people during the construction phase and between 7,000 and 10,000 during operations. The company also plans to focus on skill development for youth and increase the participation of women in engineering roles. Looking ahead to 2026, APL aims to accelerate project execution and expand the use of digital tools to enhance reliability.
