NHPC has signed a Memorandum of Understanding (MoU) with Bihar State Hydro-Electric Power Corporation (BSHPCL) on June 14, 2021 for execution of Dagmara HE Project (130.1 MW) in the State of Bihar by NHPC on ownership basis.
Government of Bihar shall provide a Grant of Rs 700 crore for the Project, as per Capex requirements, proportionate to equity infusion by NHPC. The government of Bihar shall purchase the entire power to be generated from the Project for its complete life at the rate as determined by CERC Tariff regulations as applicable at the time of actual Commercial Operation Date (COD) of the Project. The cost of Project is presently considered as Rs 2435.91 crore to be actualized as appraised by CEA during Detailed Project Report (DPR) clearance.
NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.
