New Delhi: NTPC Ltd and Bihar State Electricity Board (BSEB) have inked a pact to promote an alliance company to setup, operate and maintain a 1,980-MW (3x660MW) coal-based power station at Nabinagar in Bihar. NTPC and BSEB will have equal shareholding of 50:50 in the joint veuture, NTPC informed the BSE. NTPC currently has an installed capacity of 28,644 MW. The power major is entering into hydro generation, coal mining, power distribution, power trading and equipment manufacturing, among other related sectors.
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