PFC has sanctioned a loan of Rs 2,248 crore to Bhartiya Rail Bijlee Company (BRBCL)
for establishment of 1,000 MW (4x250 MW) Nabinagar coal based power plant in
Bihar.
PFC and BRBCL, a JV of NTPC and Indian Railways, signed a loan agreement for
this propose. The project is estimated to cost around Rs 5,332.50 crore and
PFC’s sanction was 42 per cent of the cost.
Recently, Era Infra Engineering bagged an order worth Rs 369.70 crore for
main plant, civil works, make-up, offsite civil works chimney & chimney elevator
package for the project.