NTPC to set up plant in Bihar.

NTPC will set up a 1,320-MW power project in Bihar entailing an investment of Rs. 9,200 crore. A memorandum of understanding (MoU) was inked between NTPC, Bihar State Power Generation Company Ltd. and Lakhisarai Bijlee Company Pvt Ltd.

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.

HBL