Bihar to list state power utility on Indian exchange for infrastructure expansion.

Bihar plans to list its state-owned power transmission company, BSPTCL, on the National Stock Exchange, marking the first of its kind for an Indian state utility. The government has issued an Expression of Interest to select merchant bankers to guide the IPO process, with the final size to be determined later. Proceeds from the sale are intended to fund a massive infrastructure expansion to upgrade the grid and reduce power losses amid growing demand.