An understanding between Bihar and Jharkhand for land acquisition for setting up three new power plants in Bihar is in an advanced stage.
"Several formalities with respect to the setting up of the new power plants have been completed. Understanding between Bihar and Jharkhand with the respect to land acquisition is in advance stage," Chairman of the Special Task Force on Development of Bihar, Planning Commission, Satish Jha said on Sunday.
He was speaking at a function organised in New Delhi to inaugurate Akhil Bhartia Nav Nirman Manch, a non-political organisation committed for the development of "Mithilanchal" of Bihar. Former Chief Minister of Bihar Jagannath Mishra was also present at the function.
One power plant is to be set up at Pirpaiti near Bhagalpur district, the second will be at Kajra in Lakhisarai district and the third will be set up at Chausa in Buxar district of Bihar, Jha said.
Jha said that the total demand of power in Bihar is 1400 MW and the current capacity of the state is 500-600 MW of power.
"The state is taking 800 MW power from outside (other states) which is very costly," he said adding that Bihar will require about 7000 MW to 8000 MW power in the next five years.