By: Vijay Kumar Verma, Editor-ICN Group
Cabinet Committee on Economic Affairs approves 1320 MW Buxar Thermal Power Project.
SHIMLA: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi has approved the investment for 1320 MW Green Field Super Critical Buxar Thermal Power Project in Bihar. The project is being implemented by SJVN Thermal Private Limited a wholly owned subsidiary of SJVN Limited (a joint venture of Government of India and Government of Himachal Pradesh). The estimated cost of super critical 1320-Megawatt Buxar Thermal Power Project is Rs. 10,439 crores at January 2018 price levels.
Nand Lal Sharma Chairman & Managing Director, SJVN informed that the Project located at Chausa in Buxar district of Bihar, will have two units of 660 MW each and generate 9828 million units of electricity annually. The project has been planned with special features to perform as per latest environmental norms. The project is based on Super Critical technology, closed cycle water re-circulation system for zero discharge concepts. The coal requirement for the project has been tied-up and it will be supplied by Central Coal Limited (CCL), a subsidiary of Coal India Limited (CIL) while the State Transmission Utility, Bihar has already approved power evacuation system for this project.
Nand Lal Sharma further stated that in terms of the Power Purchase Agreement entered into with the Government of Bihar the project will provide at-least 85% of power generated to the state which will not only reduce demand supply deficit of Bihar in terms of current power scenario but will also boost industrial activity in the state. The Project is thus very crucial for the industrial development of Bihar which would also act as a multiplier for employment generation and overall growth of the region. The project is planned to be commissioned during the year 2023-24 and approximately 1058-acre land for the project has already been acquired and all statutory clearances are in place.
Earlier, the Public Investment Board (PIB) Government of India had also given clearance to the 1320 Megawatt Green Field Buxar Thermal Power Project in Bihar in its meeting held on 27th February 2019.
SJVN’s present installed capacity is 2003 MW and projects of 4798 MW are under various stages of development. SJVN has presence in various sectors of energy generation which includes Hydro, Wind & Solar. The company has also presence in the field of Energy Transmission.
