Bihar State Power Holding Company Limited
| Formerly | Bihar State Electricity Board (BSEB) |
|---|---|
| Company type | Statutory body |
| Industry | Generation, transmission & distribution of electricity |
| Founded | 1 November 2013 |
| Headquarters | Vidyut Bhawan, Bailey Road, Patna, India |
Area served | Bihar |
Key people | Pankaj Kumar Pal (Chairman & Managing Director) |
| Owner | Government of Bihar |
Number of employees | 14,850 (2012) |
| Parent | Energy Department,Bihar |
| Website | www |
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)