Cement Manufacturing Co is planning to set up a 500 MW coal based thermal power project in Kahalgaon in Bhagalpur district in Bihar with an investment of Rs. 20,000 million. The project was announced in March 2007. State Investment Planning Board (SIPB) also gave its approval in the same month. The company has also identified 600 Acres of land at project site. It has also submitted application to Ministry of Coal (MOC) for coal block allocation.
The project is likely to go operational in December 2017 in the the next five year plan period.