July 28, 2013
With an estimated Rs 28,000 crore being proposed to be invested in the power sector in Bihar, a senior official urged investors to lap up huge business opportunities in transmission and distribution segments in particular.
The huge investment in power sector will be made under various schemes like the Backward Regions Grant Fund (BRGF), Accelerated Power Development and Reforms Programme and Rajiv Gandhi Gramin Vidyutikaran Yojana (RGGVY), besides funding by other multilateral organisations and the state’s own annual plans.
With the state government committed to providing electricity to each village of Bihar by 2015, there are enormous business opportunities beckoning the private investors to lap up projects in distribution and transmission segments.