The government plans to offer a 26 per cent stake in generation- to-irrigation utility Damodar Valley Corporation´s coal-fired power plant at Raghunathpur, WB, which is expected to be acquired by central generation utility NTPC, to the Indian Railways.
Power minister Piyush Goyal is likely to make the offer to railway minister Suresh Prabhu soon. He is of the view that buying into the project in Purulia district of the state would provide a captive source to the railways and reduce its daily power consumption costs.
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