SIPB approves development of solar and biomass power plants in Bihar

The State Investment Promotion Board has approved the development of a solar power plant in Banka district and a biomass power plant in West Champaran in the state of Bihar at an estimated cost of Rs 15 billion and Rs 1.48 billion respectively. As per the Bihar Industrial Investment Promotion Policy, the proposals have to be cleared by various departments within 30 days, failing which the projects will be deemed to be approved.