State-owned NHPC on Monday inked a pact with Bihar State Hydroelectric Power Corporation (BSHPC) to implement a 130.1-megawatt (MW) Dagmara hydroelectricity project in Bihar. Talking on this occasion, Power Minister R K Singh said hydropower is vital in the background of climate change and in the shift from fossil to non-fossil fuel for future generation.
A memorandum of understanding (MoU) has been signed on Monday between public segment hydropower company NHPC and BSHPC for the implementation of the 130.1-MW Dagmara HE Project in the Supaul district of Bihar, the power ministry said in a statement.
The pact was signed and exchanged by the signatories in the existence of Union Power Minister R K Singh and Bihar Energy Minister Bijendra Prasad Yadav. The MoU was signed by NHPC Director (Projects) Biswajit Basu on behalf of NHPC, while BSHPC Managing Director Alok Kumar signed the document on behalf of the Government of Bihar.
In his address, the energy minister of Bihar conveyed his gratitude on behalf of the state government to the power ministry and NHPC for taking up the execution of the Dagmara project.
He added the project would bring all-round progress and development in the state.
NHPC Chairman and Managing Director A K Singh said the Dagmara HE project would be a landmark project in the power segment scenario of Bihar as far as green power is concerned.
He further said that apart from generating clean and green power, the execution would improve the socio-economic and infrastructure development in the area and shall also create employment opportunities.
The 130.1-MW Dagmara HE project is to be executed by NHPC on an ownership basis. Presently, NHPC has 24 operational power stations with a total installed capacity of 7,071 MW.