Sunday, March 2, 2014

NTPC inks MoU for Bihar power plant

  • NTPC has inked an MoU with Bihar State Power Generation Company (BSPGCL) and Lakhisarai Bijlee Company (LBCPL), to set up a power plant in the state.
  • The company will set up Kajra thermal project in Lakhisarai district of Bihar, with an investment of Rs 9,200 crore. 
  • The project, with a capacity of 1,320 MW, will be executed in two units. Each unit will have 660 MW capacity.
  • NTPC will implement the project in a JV with BSPGCL. 
  • In the JV, NTPC will have 74 per cent stake and the rest will be with BSPGCL.
  • Currently, NTPC has an installed power generation capacity of more than 42,000 MW.

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