NHPC Ltd, India's largest hydropower company, will invest Rs 5,500 crore in setting up a 1,000-megawatt solar power project in Bihar, its chairman and managing director Raj Kumar Chaudhary said on Friday (20-December-2024).
The firm signed an MoU with the state government for the investment at the Bihar Business Connect 2024 investor summit.
The project could be set up in 1.5-2 years from the date of land acquisition.
Chaudhary said NHPC is also proposing to set up a small solar plant, electricity from which would be used to make green hydrogen.
"The green hydrogen produced will be used to power passenger buses," he said.
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