Bihar government on Tuesday decided to hand over its three thermal power plants to central power sector undertaking –the National Thermal Power Corporation (NTPC).
A meeting of state cabinet chaired by CM Nitish Kumar approved an energy department’s proposal in this regard.
The three power plants are Begusarai-based Barauni Thermal power station (BTPS), Muzaffarpur-based joint venture—the Kanti Bijli Utpadan Nigam Limited (KBUNL) and Nabinagar-based joint venture—the Nabinagar Power Generating Company Limited (NPGCL).
Approving another proposal of energy department, the cabinet decided to provide a sum of Rs 4,137 crore as subsidy grant to the electricity consumers of the state in FY 2018-19.
Briefing media about the cabinet decisions, state’s chief secretary Anjani Kumar Singh said the state government had provided Rs 2,952 crore as subsidy grant to electricity consumers in FY 2017-18. “This year, the state government has made an increase of Rs 1,185 crore in the amount of subsidy grant,” he said. Read More
Latest posts by The Times Of India (see all)
- NSE issues notices to IL&FS Group firms, others for non-compliance with listing norms - December 11, 2018
- GMR Infra arm raises Rs 225.6 cr in debt - December 11, 2018
- Power cost: Tata power writes to Punjab to amend PPA - December 11, 2018