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

The project, estimated to be set up at a cost of Rs 9,200 crore, is proposed to be implemented through a JV

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.