New Delhi, Nov. 4 -- Bihar on Wednesday pitched investment opportunities worth Rs 2.57 lakh crore in its power sector, inviting domestic and international investors to explore projects in renewable energy, storage, transmission and distribution.
Addressing the Bihar State Plenary Session at the India Renewable Energy Summit and Expo 2026 at Bharat Mandapam, state Energy Minister Shailesh Kumar alias Bulo Mandal assured investors of all possible support from the government and said Bihar offered significant potential for high growth and returns.
He said the state's electricity demand had increased from around 700 MW in 2005 to nearly 10,000 MW, with every household now having electricity connectivity.
Energy Secretary and Bihar State Power Holding Company Ltd (BSPHCL) CMD Ajay Yadav said demand was projected to reach 25,000 MW over the next decade. He highlighted the 301 MW Kajra Solar Power Project, supported by a 523 MWh battery energy storage system, and said projects worth Rs 78,400 crore were at various stages of implementation.
Under the Bihar Renewable Energy Policy 2025, the state has set a target of developing 24 GW renewable energy capacity and 6 GWh energy storage capacity by 2030. A comprehensive investment roadmap of Rs 2,57,316 crore has also been prepared.
Three MoUs were signed during the summit involving BSPGCL, MANIT Bhopal, the Power Sector Skill Council, BSPHCL, Bihar Power Training Management Society and TERI to promote renewable energy.
Published by HT Digital Content Services with permission from Millennium Post.