In a bid to upgrade infrastructure of power distribution in Gaya and Bodh Gaya, India Power Corporation (IPCL) is planning to invest Rs 33 crore. In this regard, the company has submitted an investment plan of minimum Rs 33 crore to the Bihar Electricity Regulatory Commission (BERC).
In June 2014, IPCL’s wholly owned subsidiary, India Power Corporation (Bodhgaya) Limited, entered into an agreement with South Bihar Power Distribution Company Limited (SBPDCL) for a 15-year distribution franchise for supply of power to Gaya, Bodh Gaya and Manpur areas in Bihar.
Kolkata-based IPCL is into electricity generation, transmission, distribution and trading. It has a thermal power plant at Dishergarh (West Bengal) and is setting up a second one in Haldia. The company has wind assets in Rajasthan, Gujarat and Karnataka, a solar power plant in Asansol.
| Company Name | CMP |
|---|---|
| NTPC | 397.90 |
| Tata Power | 433.65 |
| Adani Power | 200.80 |
| Power Grid Corp | 319.60 |
| Torrent Power | 1605.70 |
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