Sunday, January 24, 2010

Bihar SEB signs purchase pact with NTPC

Bihar SEB signs purchase pact with NTPC

PATNA: The Bihar State Electricity Board (BSEB) will purchase about 1,900 MW power daily from three subsidiary units of National Thermal Power Corporation (NTPC) from 2012, official sources said on Saturday.

A purchase agreement to this effect was signed by the BSEB on Friday with Kanti Bijli Utpadan Nigam Ltd, Nabinagar Power Generating Company Private Ltd and Bharti Railway Bijli Company Ltd — joint venture companies of NTPC, the sources said.

The agreement would be implemented in a phased manner from 2012, they said.

Under the agreement the State would purchase 1,900 MW additional power from these units on an average everyday, they said. — PTI