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NTPC to set up 1,320-MW Power plant in Bihar

NTPC will set up a 1,320 MW power project in Bihar entailing an investment of INR 9,200 crore. In this regard, a Memorandum of Understanding (MOU) was inked yesterday between NTPC, Bihar State Power Generation Company Ltd (BSPGCL) and Lakhisarai Bijlee Company Private Ltd (LBCPL) .

The country's largest power producer would develop a 1,320-MW Kajra thermal project in Lakhisarai district of Bihar.The plant would have two units of 660 MW each. The project, estimated to be set up at a cost of INR 9,200 crore, is proposed to be implemented through a joint venture, NTPC said in a statement today In the joint venture, NTPC would have 74 Percent stake and the rest would be with BSPGCL. Currently NTPC has an installed power generation capacity of more than 42,000 MW.

Source-On Request