The power plant is owned by the Nabinagar Power Generating Company[3][4]- initially a 50:50 joint venture between NTPC Limited and Bihar State Power Holding Company Limited.[5] The Nabinagar plant will have capacity of 4380 MW( 660MW X 6).[6] The project's generation capacity initially was to be 3960 MW but in 2016,[7] the production capacity was increased to 4380 MW.[8] Nabinagar Super Thermal Power Project will be third largest power project in India, after 4700 MW Vindhyachal Thermal Power Station (Singrauli) and maharashtra belar.
This Super Thermal Power Project is spread over 2970 acres, which includes 150 acre of land for the township and 63 acres of land for construction of rail corridor.[9] On 17 April 2018, Bihar state cabinet, headed by chief minister Nitish Kumar, gave its nod to handing over of Nabinagar Power Generating Company to National Thermal Power Corporation.[10] On 15 May 2018, Bihar Government signed a memorandum of understanding (MoU) to hand over the thermal plant to National Thermal Power Corporation for a 33- years lease.[11][12][13] For the Nabinagar plant's Bihar would get 78% of the electricity generated from the plant, while UP would get 11%, jharkhand 3% and Sikkim 1%.
Capacity
The planned capacity of the power plant in 1980 MW (3x660 MW). Unit-1 with capacity to generate 660MW, is scheduled to be commissioned in Dec'18.[14]
