Bihar gets ₹22,500 crore nuclear energy proposal in major investment push
New Delhi: The Bihar government has signed investment agreements worth ₹51,600 crore with companies across nuclear energy, steel, textiles, food processing and pharmaceuticals. The MoUs were signed in Patna on Thursday in the presence of Chief Minister Samrat Choudhary, with the state looking to turn the proposals into new industrial projects and jobs.
The largest proposal comes from Global Renewable Advanced Clean Energy, or GRACE Pvt Ltd, which plans to invest ₹22,500 crore in a nuclear energy project. Steel is another major part of the investment package, with six agreements covering projects worth thousands of crores.
Bihar gets ₹22,500 crore nuclear energy proposal
GRACE Pvt Ltd has signed an MoU for a ₹22,500 crore project in the nuclear energy sector.
Details such as the proposed location, generation capacity and project timeline were not given in the government statement.
The proposal still stands out because nuclear energy projects involve several stages of regulatory, technical and environmental approvals before construction can begin.
The Bihar government said it wants to promote clean and nuclear energy as part of efforts to strengthen the state’s energy infrastructure.
Steel companies line up major investments
Steel and metal projects account for another large share of the announced investment.
Nakshatra Iron & Steel Pvt Ltd has proposed an investment of ₹6,836 crore. Ankur Steel Pvt Ltd signed an MoU for ₹6,000 crore, while Shri Langta Baba Metals & Power Ltd proposed ₹5,500 crore.
Six agreements were signed in the steel sector in total.
Chief Minister Samrat Choudhary said, “The government’s objective is to rapidly translate investment proposals into projects on the ground to generate industrial growth and employment.”
The government wants Bihar to develop as a major steel and metal production centre.
Textiles, food processing and pharma in focus
The investment push is spread beyond heavy industry.
Textiles and apparel have been identified as priority sectors because they can employ large numbers of workers. Food processing and pharmaceuticals are being targeted as other areas where the state sees room for industrial expansion.
For Bihar, the bigger test will be how quickly signed MoUs turn into factories, energy projects and actual jobs. Investment agreements announce intent, but projects still need land, clearances, financing and construction before production starts.
Bihar Business Connect 2026 next on agenda
Choudhary also reviewed preparations for Bihar Business Connect 2026.
The state plans to use the event to attract more domestic and international investors and present projects across different industries.
The government has adopted “Build and Believe in Bihar” as the theme for its industrial development campaign.
The ₹51,600 crore package gives Bihar a sizeable pipeline of proposed investment. Much will now depend on execution, particularly the progress of the ₹22,500 crore nuclear project and the large steel plants announced under the latest agreements.