NTPC Green, SECI, SJVN, PFC and Major Corporates Sign MoUs for Green Energy with Bihar Government

In a landmark step toward energy transition and industrial development, the Bihar Government launched two major initiatives — the “Bihar New and Renewable Energy Sources Promotion Policy-2025” and the “Pumped Storage Project Promotion Policy-2025” — at Gyan Bhawan, Patna. The launch event witnessed the participation of top public sector undertakings and corporate giants, resulting in green energy investment proposals worth more than ₹5,000 crore.

The most prominent agreement signed during the event was between NTPC Green and Bihar State Power Generation Company Limited (BSPGCL) for setting up a 1000 MW Battery Energy Storage System (BESS) worth ₹1,500 crore.

Green Energy MoUs Worth ₹5,000 Crore

A series of significant MoUs were inked, reaffirming investor confidence in Bihar’s green push:

• BREDA and Avaada Energy signed a pact for developing 1 GW ground-mounted and floating solar projects.

• BSPGCL and SECI (Solar Energy Corporation of India) agreed to collaborate on a ₹3,000 crore green energy venture.

• Larsen & Toubro committed to developing a 116 MW/241 MWh BESS at Kajra, Lakhisarai at a cost of ₹837.66 crore.

• NTPC Green and BSPGCL formalized a ₹1,500 crore agreement for a 1000 MW BESS.

Industry Leaders Laud Bihar’s Policy Push

Top executives from Tata Power, Adani Power, L&T, NTPC Green, Vikram Solar, Godrej Enterprises, SJVN, Power Finance Corporation, and other industry stalwarts participated in the event, calling Bihar’s dual-policy framework progressive and investment-friendly.

“Bihar Will Lead India’s Green Energy Future”: Energy Minister

Addressing the gathering, Bihar’s Energy Minister Bijendra Prasad Yadav said, “These forward-looking policies will not only push Bihar into the green energy forefront but will also open new avenues for employment generation and industrial expansion.” He reiterated the state’s commitment to supporting investors at every step.

Industrial Policy 2025 and Green Clusters on the Anvil

Industry Minister Nitish Mishra announced that the Bihar Industrial Policy 2025 will soon be unveiled, with a major 1700-acre industrial cluster in Gaya being developed. “There will be ample investment scope in both conventional and non-conventional energy sectors,” he noted.

Full Tax Waivers, Simplified Licensing

Energy Secretary Manoj Kumar Singh outlined investor-centric incentives under the new policies:

• 100% State GST exemption

• Waiver of stamp duty and registration fees

• Exemption from STU charges

• 100% customs duty exemption for five years

“We urge investors to come to Bihar — the policy support is in place, and the state is ready for a future-oriented energy revolution,” he said.

Visionary Step for Green Growth

Key state officials including BERC Chairman Amir Subhani, Additional Chief Secretary Mihir Kumar Singh, BSPHCL CMD Manoj Kumar Singh, and Investment Commissioner Kundan Kumar addressed the policy’s feasibility and long-term impact. BSPGCL MD Mahendra Kumar concluded the event with a vote of thanks.

List of Major Energy Sector Participants:

• Tata Power

• Ashoka Buildcon

• Avaada Energy

• Larsen & Toubro (L&T)

• IntelliSmart

• NTPC Green

• Solar Energy Corporation of India (SECI)

• Adani Power

• Secure Meters

• Ernst & Young (E&Y)

• Sutlej Jal Vidyut Nigam Limited (SJVN)

• Power Finance Corporation (PFC)

• Godrej Enterprises

• Vikram Solar Limited

• Greenko

• Energy Efficiency Services Limited (EESL)

• Waaree Energy

• Central Electronics Limited (CEL)

With its robust policy support, incentive framework, and strategic industry collaborations, Bihar is poised to emerge as a green energy hub, driving both climate goals and economic transformation.