NTPC acquires stake of Bihar State Power Generation Co. in two entities

NTPC has acquired 27.36% equity of Bihar State Power Generation Co. (BSPGCL) in Kanti Bijlee Utpadan Nigam (KBUN) which owns 610 MW Muzaffarpur Thermal Power Station and 50% equity of BSPGCL in Nabinagar Power Generating Company (NPGC) which is developing 1980 MW Nabinagar Super Thermal Power Project in district Aurangabad, Bihar.

With this acquisition, KBUN and NPGC are now wholly owned subsidiaries of NTPC.

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