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Thursday, September 25, 2025

A Dream of Decades: An Unfinished Job of Industrialisation in Bihar

“A Dream of Decades: An Unfinished Job of Industrialisation in Bihar”, My Ind, September 24, 2025:

“On September 13, Adani Power announced that it will set up a 2400 MW Greenfield Ultra Super Critical power plant at an estimated cost of 3 billion (₹ 26,482 crore) in Pirpainti in Bhagalpur District in Bihar. 1020 acres of land have been allotted for the project on lease for 33 years at a nominal rate of ₹1 per year. Adani has entered into an agreement with Bihar Power Company Ltd (BSPGCL) for the supply of electricity at ₹ 6.075 per kWh for 25 years.

As this is the biggest investment Bihar has received in more than a decade, it created a buzz. On September 15, a Congress leader accused the Bihar government of favouring Adani by allotting land at ₹ 1/year and also alleged that around 10 lakh trees would be cut for the project. After that, there is an ongoing debate on this project. Bihari people are highlighting the need for industries in Bihar on social media, and subsequently media is covering the topic too.

As a Bihari, let me tell you, the first time I got the news of ₹26,482 crore of investment in my state, it felt like a personal achievement. After the political statements, the joy turned into fear, fear of losing this project. I am frightened that this project may end up in political turmoil or in the Judicial process, causing infinite delays or may totally back out (you can call it a far-fetched fear)……”

Read the full article at Myind.net

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