Kanti Bijlee Utpadan Nigam Limited, (formerly known as Vaishali Power Generating Company Limited)
To take over Muzaffarpur Thermal Power Station (2*110MW), a subsidiary company named ‘Vaishali Power Generating Company Limited (VPGCL)’ was incorporated on September 6, 2006 with NTPC contributing 51% of equity and balance equity was contributed by Bihar State Electricity Board.
The company was rechristened as ‘Kanti Bijlee Utpadan Nigam Limited’ on April 10, 2008.
Present equity holding is NTPC 64.57% & BSEB 35.43%. Company is Renovating and modernising the existing unit and establishing new plant.
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