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16 February, 2019 22:36 IST
NTPC acquires 720 MW thermal power station in Bihar
Source: IRIS | 17 Dec, 2018, 09.32AM
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NTPC has acquired Barauni Thermal Power Station (720 MW) in District Begusarai, Bihar from Bihar State Power Generation Company effective 00:00 hours on December 15, 2018. The 720 MW coal-based power station has 2 units of 110 MW each (under R&M) and 2 units of 250 MW each (Under Construction). The units of the power station will be progressively put under commercial operation. The project has linked Badam Coal Block, which is also part of the transfer scheme.

Transfer of Barauni Thermal Power Station has been completed by NTPC and BSPGCL in accordance with the 'The Bihar Power Generation Undertakings Transfer Scheme 2018' notified by Government of Bihar on June 27, 2018 and amendment dated December 14, 2018.

100% capacity of the project is tied up through Power Purchase Agreement with Bihar Power Discoms.

Shares of the company gained Rs 6.05, or 4.21%, to trade at Rs 149.70. The total volume of shares traded was 102,774 at the BSE (9.21 a.m., Monday).

NTPC Limited   (Q,N,C,F)*

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