A receive-diversity-aided power-fading compensation (RDA-PFC) scheme is proposed and demonstrated to eliminate the chromatic dispersion (CD)-induced power fading for C-band double-sideband (DSB) intensity modulation and direct detection (IM/DD) orthogonal frequency division multiplexing (OFDM) systems. By combining the responses before and after a dispersive element using a maximal-ratio combining (MRC) algorithm, the CD-induced power fading dips within the signal bandwidth of around 50 GHz can be effectively compensated for, which results in an up to 17.6-dB signal-to-noise ratio (SNR) improvement for the fading subcarriers after transmission over 10 km of standard single-mode fiber (SSMF). Using the 16 quadrature amplitude modulation (QAM) format, a diversity receiver with the proposed RDA-PFC scheme can support 170.6-Gbit/s OFDM signal transmission over a 10-km SSMF and reduces the bit error rate (BER) by more than an order of magnitude compared with a conventional receiver. Moreover, 208.1-Gbit/s adaptive bit and power loading OFDM signal transmission over a 10-km SSMF is realized by the proposed RDA-PFC scheme, which improves the capacity by 15.3% compared with the case without RDA-PFC at a BER of 3.8 × 10-3. The proposed RDA-PFC scheme shows great potential in CD-induced power-fading compensation for high-speed IM/DD OFDM systems.