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( As on 16/12/2025 20:02)

BSPGCL signs MoUs for Rs 13,000 Crore Pumped Storage Power Projects in Bihar

Bihar State Power Generation Company Ltd (BSPGCL) on Tuesday signed two memorandums of understanding (MoUs) with private developers to set up pumped storage power projects with a combined capacity of 2,120 MW in Nawada district, involving an estimated investment of Rs 13,000 crore.

The MoUs were signed in the presence of Chief Minister Nitish Kumar, Energy Minister Bijendra Prasad Yadav, senior cabinet ministers, and top state government officials.

According to a statement, the projects will be developed under the Bihar Pump Storage Project Promotion Policy, 2025, as part of the state’s broader strategy to enhance energy security, create large-scale energy storage capacity, and enable greater integration of renewable energy sources.