At odds with the BJP leadership since he lost from Arrah on the party ticket in the 2024 Lok Sabha polls, former Union power minister R K Singh has now alleged a loss of “Rs 62,000 crore” to the state exchequer in the award of a thermal plant in Bhagalpur by the Nitish Kumar-led NDA government.

In an interview to The Indian Express , Singh said that while he was the Power Minister, he had worked out with industry experts that the Rs 2,400 MW Pirpainti Power Project in Bhagalpur “was worth about Rs 24,900 crore”, at an estimated cost of Rs 10 crore per MW. “I learnt about the power project being awarded at a fixed capital cost of Rs 15 crore per MW… The price of electricity per unit on the basis of Rs 10 crore per MW capital cost came to around Rs 2.75 per unit, but we have agreed to pay

See Full Page