Adani to build India's biggest privately funded coal power plant in a decade

(Reuters) -Indian billionaire Gautam Adani's group will build and operate a $3 billion coal-fired power plant in Bihar state with a 2.4 gigawatt capacity, it said on Thursday, the biggest coal plant constructed in India via private investment in a decade. The first of three units at the plant will be commissioned within four years, with the last expected to come online in five years' time, Adani Power said. The move marks a return of private investment to India's greenfield coal-based power projects after more than a decade of absence.