State Unveils ₹1.40 Lakh Crore Investment Roadmap to Accelerate Clean Energy, Grid Modernisation and Sustainable Growth

New Delhi, August 6: Reinforcing its emergence as one of India’s fastest transforming power sectors, the Government of Bihar today showcased its remarkable journey of reforms, infrastructure expansion and clean energy transition during the 7th CII International Energy Conference & Exhibition (IECE 2026) in New Delhi.

The Bihar delegation was led by Hon’ble Energy Minister, Government of Bihar, Shri Shailesh Kumar alias Bulo Mandal, along with Shri Ajay Yadav, IAS, Energy Secretary, Government of Bihar & Chairman-cum-Managing Director (CMD), Bihar State Power Holding Company Limited (BSPHCL). The delegation also included Shri Rahul Kumar, IAS, Managing Director, North Bihar Power Distribution Company Limited (NBPDCL) and Dr. Naval Kishore Chaudhary, IAS, Managing Director, Bihar State Power Transmission Company Limited (BSPTCL).

Besides, Shri Jitendra Srivastava (CMD, REC Limited), Shri Vineet Mittal, Founder & Chairman, Avaada Group, Shri Ravindra Kumar (Director–Projects, NTPC Limited), and Shri Gaurav Shah (Chairman, CII Bihar State Council) also participated in a special Bihar Session. They lauded Bihar’s remarkable transformation in the power sector, progressive policy ecosystem and investor-friendly governance. Appreciating the State’s focus on clean energy, infrastructure development and ease of doing business, they expressed strong optimism about Bihar’s growth trajectory and conveyed their willingness to explore investment opportunities and long-term partnerships across renewable energy, transmission, power infrastructure and emerging clean energy technologies.

Earlier in the day, Hon’ble Energy Minister Shri Shailesh Kumar participated in the State Ministers: Energy Transition – A State Perspective session on the theme “Transitioning with Energy Security – The New Global Order.” The session brought together Energy Ministers from various States, policymakers, industry leaders, investors and key stakeholders to deliberate on India’s clean energy transition, energy security and the evolving global energy landscape. Later, Bihar showcased its investment-led energy transformation during the Special Session titled “Powering Bihar: Investment, Innovation & Growth,” where the State presented its future-ready roadmap for sustainable growth and investment.

Hon’ble Energy Minister Shri Shailesh Kumar said:
“There was a time when the arrival of electricity itself made headlines in Bihar. Today, every household in the State has access to electricity, marking a historic transformation in Bihar’s development journey. We are now moving beyond universal electrification towards building a future-ready, sustainable and energy-secure Bihar. Guided by the vision of Hon’ble Prime Minister Shri Narendra Modi Ji, the State is accelerating the adoption of rooftop solar, PM Surya Ghar: Muft Bijli Yojana, PM-KUSUM and the strengthening of agriculture feeders to ensure clean, reliable and affordable energy for every section of society.”

“Bihar is no longer merely seeking investments; it is inviting industries to become partners in its growth story. The State has emerged as a progressive destination backed by robust power infrastructure, policy support and a strong commitment to renewable energy. I invite investors, industry leaders and stakeholders from across the country and the world to join us in shaping Bihar’s next phase of growth. The Bihar Government stands committed to extending every possible support and working shoulder-to-shoulder with our partners to realise the shared vision of a greener, energy-secure and developed Bihar.”

On the sidelines of the conference, Hon’ble Energy Minister Shri Shailesh Kumar, along with Shri Ajay Yadav, Energy Secretary, Bihar, held a series of high-level bilateral meetings with leading industry stakeholders and international dignitaries to explore investment opportunities and strategic collaborations for Bihar’s rapidly expanding power sector. The Hon’ble Minister met Mr. Sanjeev Aggrawal, CMD, Hexa, Mr. Vineet Mittal, Founder & Chairman, Avaada Group, Mr. Rupal Gupta, Founder & Chairman, Oriana Power, and representatives of Jakson Group. The discussions focused on renewable energy, grid modernisation, clean energy technologies, power infrastructure, cross-border cooperation and investment opportunities aligned with Bihar’s long-term energy vision.

During the Special Session titled “Powering Bihar: Investment, Innovation & Growth,” Shri Ajay Yadav, IAS, Energy Secretary, Government of Bihar & Chairman-cum-Managing Director (CMD), BSPHCL, presented Bihar’s investment roadmap, highlighting how the State has achieved unprecedented expansion across generation, transmission and distribution while simultaneously creating a predictable and investor-friendly ecosystem for private participation.

Bihar showcased its remarkable transformation from a power-deficit State to one of India’s fastest-growing and most investor-ready power sectors. The State highlighted the successful turnaround of its utilities, with DISCOMs posting profits of over ₹2,300 crore and reducing AT&C losses to 11.54 percent, significantly below the national average. Bihar also showcased its leadership in smart metering with over 92 lakh smart prepaid meters, rapid vendor payments, cost-reflective tariffs, advance subsidy support and transparent regulatory mechanisms that have strengthened investor confidence. The presentation further highlighted a robust pipeline of renewable energy, thermal generation, battery energy storage systems (BESS), pumped storage, Green Energy Corridors, transmission expansion, smart grid infrastructure and digital transformation initiatives, alongside ambitious plans for rooftop solar, PM-KUSUM and solar parks. Backed by progressive policies, a skilled workforce, strong connectivity and a ₹1.40 lakh crore investment pipeline over the next five years, Bihar positioned itself as a compelling destination for domestic and global investors across the entire clean energy value chain.

Speaking on the occasion, Shri Ajay Yadav, IAS, Energy Secretary, Government of Bihar & CMD, BSPHCL, said:

“I invite all of you to invest in Bihar. The State will provide all the facilities that investors expect from any leading investment destination. We have established a Single Window Clearance System, under which every investor is assigned a dedicated nodal officer who will facilitate approvals and coordinate with all concerned departments to ensure a smooth investment process. Bihar’s power sector today represents a compelling investment opportunity built on strong governance, financial discipline, technology-led reforms and a future-focused vision. With an investment pipeline of nearly ₹1.40 lakh crore across generation, transmission, distribution, IT and maintenance, backed by a robust policy ecosystem and transparent processes, Bihar is ready to partner with domestic and global investors in building a resilient, clean and future-ready energy ecosystem.”

The Bihar State Session formed part of the 7th CII International Energy Conference & Exhibition (IECE 2026), which brought together policymakers, industry leaders, investors and technology innovators from India and across the world to deliberate on the future of energy security, clean energy transition and sustainable economic growth. The conference theme, “Transitioning with Energy Security – The New Global Order: Secure, Smart & Sustainable,” provided an important platform for showcasing Bihar’s remarkable progress, policy reforms and investment opportunities in the power sector.

The high-profile signing ceremony was graced by the Hon’ble Energy Minister, Govt. of Bihar, Shri Shailesh Kumar (alias Bulo Mandal). Also in attendance were key administrative leaders, including Shri Ajay Yadav (IAS), Energy Secretary & CMD of BSPHCL; Shri Prince Dhawan (IAS), Chief Executive Officer of RECPDCL; and Shri Rahul Kumar (IAS), Managing Director of BSPTCL, alongside senior officials from the Energy Department of the Government of Bihar, BSPTCL, and BSPHCL.

Key Objectives of the Partnership

The collaboration is designed to fundamentally upgrade Bihar’s power architecture. The core focus areas of the MoU include:

(1) Grid Modernization: Building a resilient, high-tech network to minimize transmission losses and improve power quality.

(2) Transparent Bidding: Leveraging the TBCB mode to ensure cost-effective, competitive, and highly transparent project allocations.

(3) Accelerated Execution: Streamlining timelines to fast-track the implementation of critical transmission projects.

(4) Private Investment: Encouraging greater private sector participation to bring global best practices and robust funding into the state’s power sector.

Hon’ble Energy Minister Shri Shailesh Kumar alias Bulo Mandal highlighted that this initiative will significantly contribute to Bihar’s industrial growth vision for 2025–30 by ensuring reliable and efficient power infrastructure for upcoming industries.