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

NEW DELHI: 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 per cent stake and the rest would be with BSPGCL.

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