BSPHCL meaning in Bihar Government ?
Answer: What is Bihar State Power Holding Company Limited mean?
Bihar State Power Holding Company Limited (BSPHCL), formerly Bihar State Electricity Board (BSEB) is a state-owned electricity regulation board operating within the state of Bihar in India. BSEB was established in 1958 as a statutory corporation under the Electricity (Supply) Act, 1948. As of November 2012, BSEB has nearly 1,700 officers and 14,850 employees. The derated capacity comes to just 530 MW. The BSEB was unbundled on 2 August 2011. Power Finance Corporation was the main consultant for BSEB's restructuring.
BSEB formally started functioning as 5 companies on 1 November 2012, namely:
Bihar State Power Generation Company Limited (generation business)Bihar State Power Transmission Company Limited (transmission business)North Bihar Power Distribution Company Limited (distribution business)South Bihar Power Distribution Company Limited (distribution business)Bihar State Power Holding Company Limited (apex holding company) reference nan
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