A Memorandum of Understanding (MoU) was entered amongst Government of Bihar (GoB), Bihar State Power Holding Co. Ltd. (BSPHCL), Bihar State Power Generation Co. Ltd (BSPGCL), North Bihar Power Distribution Company Ltd.(NBPDCL), South Bihar Power Distribution Company Ltd.(SBPDCL), Bihar State Power Transmission Company Limited (BSPTCL) and NTPC Limited on 15th May 2018 at Patna for Performance improvement of Power Sector in the State of Bihar.
The MoU was entered in the august presence of Sh. Nitish Kumar, Chief Minister of Bihar, Shri R. K. Singh, Minister of State (Independent Charge) for Power and New & Renewable Energy, Govt. of India and Shri Bijendra Prasad Yadav, Energy Minister, Govt. of Bihar, Shri Pratyaya Amrit, Principal Secretary, Department of Energy, Govt. of Bihar, Shri Gurdeep Singh, CMD, NTPC Limited, Shri Anand Kumar Gupta, Director (Commercial), NTPC, Shri R. Lakshmanan, Managing Director, BSPGCL and other dignitaries.
The MoU envisages transfer of Barauni Thermal Power Station (720 MW) and transfer of Bihar State Power Generation Company’s (BSPGCL) equity in Kanti Bijlee Utpadan Nigam Limited (KBUN) & Nabinagar Power Generating Company (Pvt.) Limited (NPGC) to NTPC.