NTPC to set up Kajra Thermal Project in Bihar

NTPC will set up a 1,320 MW thermal power project at Kajra in Lakhisarai district of Bihar. A Memorandum of Understanding (MoU) signed between NTPC, Bihar State Power Generation Company Limited (BSPGCL) and Lakhisarai Bijlee Company Private Limited (LBCPL) at Patna in Bihar.

• Estimated cost of the project: Approx Rs. 9200 crore.
• The plant would have two units of 660 MW each.

Note: In the joint venture, NTPC would have 74% stake and the rest would be with BSPGCL.

Month: Current Affairs - March, 2014