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.
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