Power Ministry Invested worth Rs 11k Cr Initiatives for Electrification in Bihar in Last 3-4 Yr

In past 3-4 years, the Power Ministry has invested Rs 11,000 Crore worth of initiatives for electrification in Bihar, including substations, transmission and rural electrification projects, said RK Singh, Power and New & Renewable Energy Minister.

September 14, 2020. By Manu Tayal

In past 3-4 years, the Power Ministry has invested Rs 11,000 Crore worth of initiatives for electrification in Bihar, including substations, transmission and rural electrification projects, said RK Singh, Power and New & Renewable Energy Minister.

He was speaking while inaugurating a host of community focused facilities developed by NTPC in Bihar in the vicinity of NTPC Barh (1320 MW), Nabinagar Power Generation Company Pvt. Ltd. (NPGCL), Nabinagar (660 MW) and Kanti Bijlee Utpadan Nigam Ltd (KBUNL), Kanti (610 MW).

The Union Minister of State (Independent Charge) for Power, New and Renewable Energy and Minister of State for Skill Development and Entrepreneurship, Government of India added that NTPC has given good dividends for every investment made in terms of nation building.

“In the past 5 years, cost of coal and railway freight increased by 40 per cent, but due to efficiency displayed by NTPC, they were able to limit power price hike by only 12 per cent,” he added.

The Minister further said that, “the organisation has given Rs 257.5 crore, the highest amongst Power PSUs to PM CARES fund. It has given over Rs 12 crore to AIIMS, Patna. NTPC is diversifying its portfolio into other ways of generating power and we have a vision to transform it into a true multinational company. NTPC was also given the responsibility for electrification for the rural areas in Odisha, which they completed well before the deadline.”

During the inauguration ceremony, Sushil Kumar Singh, MP-Aurangabad; Gyanendra Kumar Singh, MLA-Barh; Ashok Kumar Choudhary, MLA-Kanti; Virendra Kumar Singh, MLA-Nabinagar along with Gurdeep Singh, CMD, NTPC, senior officials of Ministry of Power, NTPC and Administration of Bihar were present.

Speaking on the occasion, Sushil Kumar Singh MP, Aurangabad said “I would like to extend my gratitude to NTPC for its CSR and power generation efforts. Today, electricity is not a luxury but a necessity. Even healthcare treatment is highly dependent of electricity. We are proud to learn that Bihar will soon be generating 10,000 MW of electricity.”

NTPC Group has total installed capacity of 62.9 GW. It has 70 power stations comprising of 24 Coal, 7 combined cycle gas/liquid fuel, 1 Hydro, 13 renewables along with 25 subsidiary & JV power stations. The group has more than 20 GW of capacity under construction, of which 5 GW comprises of renewable energy.

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