NTPC to set up 1,320 mw power plant in Bihar

Tags: NTPC, Power
NTPC will set up a 1,320 MW power project in Bihar entailing an investment of Rs 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 Rs 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% stake and the rest would be with BSPGCL.

Currently NTPC has an installed power generation capacity of more than 42,000 MW.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Sebi must not exempt listed SMEs from its mandatory disclosure norms

    The Securities and Exchange Board of India (Sebi) has amended clause 49 of the listing agreement, which lays down the obligation of companies toward t

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Skills education can boost industry

India’s manufacturing industry matters a great deal for the economic ...

Rajgopal Nidamboor

How synchronous empathy helps us

All of us are in an undulating ‘hypnotic’ state. A ...

Gautam Gupta

In fashion, why quality must exceed quantity

Every time there’s a fashion week in India, my friends, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture