PSU PRESS RELEASE
Himachal to get 25 Point 5 pc share in SJVNs Buxar plant
Shimla. The state is set to get 25.5 per cent share in the 1320 MW super critical thermal power project in Buxar, a fast-track project of the Satluj Jal Vidyut Nigam (SJVN) which is directly being monitored by the Prime Minister Office (PMO).
The government has accorded approval for the Buxar plant. “Once we get investment approval, we hope to complete the project in four years. Himachal will get 25.5 per cent share as per its equity participation in the SJVN, said NL Sharma, director, Personnel and Administration, SJVN, here today.
Chairman and Managing Director SJVN RN Misra said about 95 per cent of land required for the project had been acquired. The project would not displace people and involved no forest land for the project activities like laying of pipelines and other facilities, he added.
Misra said the water required for the operation of the project would be drawn from the Ganga. The necessary water allocation had been granted by the Government of Bihar.
Read Also : NCL General Manager (Finance) D Sunil Kumar recommended for SECL Director (Finance)
News Must Read
- NCL General Manager (Finance) D Sunil Kumar recommended for SECL Director (Finance)
- Axis Bank Overtakes Kotak Mahindra Bank to Become India's Fourth Most Valued Lender
- SJVN CMD Geeta Kapur Inaugurates Construction Works at Sunni Dam Project in Himachal Pradesh
- PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
- Grew Energy bags largest order of 200 MW Contract of SECI's Auction
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL