NTPC takes equity stake in Bihar

India's largest thermal power generator NTPC has announced equity acquisition of two state-owned power plants in Bihar for an estimated Rs 21 bn. NTPC took 50 per cent equity stake in Nabinagar Power Generating Company (NPGC) and 27.36 per cent in Kanti Bijlee Utpadan Nigam (KBUNL) from Bihar State Power Generation Company which was operating it earlier. Of this, NPGC was a 50:50 JV of the Bihar Government. The envisaged capacity of the project is 1,980 MW and it is currently under construction. <br /> <br /> <span style="font-weight: bold;">Contact:</span> NTPC.<br /> <br /> <span style="font-weight: bold;">Website:</span> www.ntpc.co.in<br />