Adani Power's Bold Expansion to Meet India's Rising Energy Demand

Adani Power Limited is ramping up its capacity to address India's surging electricity requirements, investing heavily in new projects and securing crucial tenders. The company aims to reach 41.87 gigawatts by 2032, expanding its footprint in several states while advancing into both thermal and hydroelectric power sectors.

Adani Power Limited is gearing up for substantial growth as it expands its capacity and secures pivotal contracts to cater to India's increasing electricity demands. The company has committed an unprecedented investment in upcoming projects and is enhancing its readiness in terms of fuel and technology for the forthcoming year. With India on the verge of its highest power demand surge in decades, driven by rapid urbanization, industrial growth, and higher consumer spending, peak power requirements are projected to jump from 250 gigawatts to 400 gigawatts by 2032, eventually exceeding 700 gigawatts by 2047, according to Adani Power.

In response, the company has revised its long-term power production target upward to 41.87 gigawatts by 2032 from an earlier target of about 30 gigawatts. Currently standing at 18.15 gigawatts, Adani Power has embarked on India's largest private-sector thermal power project with an investment of Rs 2 lakh crore, having already secured the necessary land and equipment. In 2025, the company's capacity increased following the acquisition of Vidharbha Industries and Power Ltd near Nagpur, and it has committed over $22 billion for projects through 2032. Adani Power has won major tenders to supply electricity to states including Uttar Pradesh, Bihar, Madhya Pradesh, and Assam, marking several greenfield projects as part of these expansions.

In Uttar Pradesh, a $2 billion investment is establishing a 1,500 megawatt plant in Mirzapur, while Bihar sees a $3 billion facility in Bhagalpur. Madhya Pradesh hosts a 1,600 MW initiative in Anuppur with Rs 21,000 crore in funding, and Assam's Rs 48,000 crore project will generate 3,200 megawatts. Utilizing high-efficiency technology, these projects aim to reduce emissions and conserve water, contributing to APL's sustainable growth. Entering the hydro power sector, a Bhutan partnership results in 570 megawatts of electricity production. Sufficient coal supplies are ensured with the commencement of operations at a Madhya Pradesh coal mine, yielding 6.5 million tonnes annually. These developments accelerate local job creation, employing over 100,000 during the project phase and 7-10,000 during operation, while enhancing youth skillsets and advocating for women in engineering roles. Looking ahead to 2026, APL plans faster plant construction and increased use of digital tools for reliability assurance.

(With inputs from agencies.)