Railways are establishing a captive power plant of 1000 Mega Watt (MW) capacity at Nabinagar of Aurangabad district, Bihar in collaboration with National Thermal Power Corporation (NTPC) Limited. This has been included in Railway Budget for the year 2007-08.
A new Company namely ‘Bhartiya Rail Bijlee Company Limited’ will be set up for the said purpose. Total estimated cost of the project is Rs. 5352.50 crore with mega status. The debt equity ratio of this project will be 70:30. The equity participation of NTPC will be 74% (Rs. 118.26 crore) & 26% (Rs. 417.5 crore) by Railways.
Nabinagar of Aurangabad district in Bihar has been identified as suitable site for setting up of this power plant.
This information was given by the Minister of State for Railways Shri R.Velu in written reply to a question in the Lok Sabha today.
Railways plan to establish captive power plants
