The Cabinet Committee on Economic Affairs has Approved 1320 MW Buxar Thermal Power Project PSU NEWS

The Cabinet Committee on Economic Affairs has Approved 1320 MW Buxar Thermal Power Project

 

Shimla/New Delhi: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri 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. The estimated cost of supercritical 1320-Megawatt Buxar Thermal Power Project is Rs. 10,439 crores at January 2018 price levels.
 
Shri 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 the 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.
 
Shri 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 the 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. 
 
While expressing gratitude to Government of India for entrusting this big responsibility to SJVN, Shri Nand Lal Sharma, mentioned that in the past SJVN has always achieved all the targets and challenges, and he assured that SJVN is fully prepared and committed to complete this project within stipulated time frame. The Project will be an important milestone in the history of SJVN. He further praised the tireless efforts of the employees who have toiled to enable SJVN in obtaining various clearances related to 1320 MW Buxar Thermal Power Project.
 
He also exhorted all the employees of SJVN to strive hard for attaining the shared vision of SJVN by becoming 5000 MW Company by 2023, 12000 MW by 2030 and 25000 MW Company by 2040.  He further said that SJVN has both technical expertise and financial backing for achieving these targets.  
 
SJVN’s present installed capacity is 2003 MW and projects of 4798 MW are under various stages of development. SJVN has the presence in various sectors of energy generation which includes Hydro, Wind & Solar. The company has also the presence in the field of Energy Transmission.


Posted Date :  07-03-19

Categories : PSU NEWS

Similar news

NCL Launches Aarohan - 2019 Summer Camp

Singrauli: Northern Coalfields Limited (NCL) launched its annual grand summer camp Aarohan - 2019 on 15th May 2019. Shri N. N. Thakur, Director (Finance and Personnel), NCL was as the Chief guest, Shri Rajiv Kumar, GM Jayant, Shri Charles Juster, COP/GM (P), JCC Member Shri P. K. Singh and Shri A
Posted Date :  18-05-19

Read more

Team NRDC along with CMD visited IIT Kanpur

New Delhi: National Research Development Corporation (NRDC) team led by Dr H Purushotham CMD NRDC visited NRDC-IIT Innovation Centre at Indian Institute of Technology Kanpur (IIT) Kanpur to review the activities and programs of the Centre.   NRDC had signed MOU with IIT Kanpur for settin
Posted Date :  17-05-19

Read more

IRCON Welcomes Journalist Delegation from Nepal

New Delhi: A delegation of the 15 journalists from Nepal visited IRCON Corporate Office on 14th May 2019. The delegation, during their familiarization program interacted with the senior management of IRCON. IRCON is currently executing two prestigious projects-  (i) Construction of new broad
Posted Date :  17-05-19

Read more

MCL Dispatches 2500 Tarpolin to Fani-affected Puri

Sambalpur: Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, today despatched 2500 tarpolin to Fani-hit Puri for relief operations. The truck was flagged off by Shri M G Brahmapurkar, Area General Manager, Jagnnath Area in Talcher Coalfields to hand over 2500 tarpolin of
Posted Date :  15-05-19

Read more

Chief of Naval Staff Visits GRSE

Kolkata: Admiral Sunil Lanba, PVSM, AVSM, ADC, Chief of Naval Staff, accompanied by Vice Admiral Karambir Singh, PVSM, AVSM, FOC in C, Eastern Naval Command visited Garden Reach Shipbuilders & Engineers (GRSE) India's leading shyipard, on 14 May 19. During the walk around, CMD GRSE, Rear Adm
Posted Date :  15-05-19

Read more

NTPC to Use Greener Technology for 660 MW Power Plant in MP

New Delhi: According to a report of Business Line, India's Largest Power Utility, NTPC Limited for the first time to commission a 660 MW Power Plant based on ultra-supercritical technology by June 2019. The aim of ultra-supercritical to full fill the demand of electricity and reduce emission
Posted Date :  15-05-19

Read more

Power Secretary Visits POSOCO

New Delhi: Shri Ajay Kumar Bhalla, Secretary (Power) visited National Load Despatch Centre (NLDC) of Power System Operation Corporation Limited (POSOCO), a wholly owned Government of India Enterprise under the Ministry of Power, today. Shri Bhalla was welcomed by Shri K. V. S. Baba, CMD and other
Posted Date :  15-05-19

Read more

Massive Yoga Camp organized in Ukkunagaram

Ukkunagaram: A large gathering of Yoga Session for campers of all disciplines was held in Col CK Nayudu Ukku Stadium recently as part of the summer coaching camp being organized for thirteen disciplines i.e Athletics, Boxing, Badminton, Chess, Cricket, Football, Hockey, Roller Skating, Lawn Tenni
Posted Date :  15-05-19

Read more

NRDC Pays Royalty of Rs. Rs. 9.87 Cr to DSIR and CSIR

New Delhi: National Research Development Corporation (NRDC) has paid Rs. Rs. 9.87 Crores to Department of Scientific and Industrial Research (DSIR), and Council of Scientific and Industrial Research (CSIR) towards Royalty share for commercializing their technologies to SMEs/Start-ups/Corporates
Posted Date :  15-05-19

Read more

NTPC Eminent Speaker Series

New Delhi: Shri Anil Swarup, IAS, Former Secretary, Department of School Education and Literacy, Former Secretary, Ministry of Coal, GOI addressed NTPC Limited family as part of its 'Eminent Speaker Series' on 13th May 2019. Shri Swarup gave an insightful talk on 'Making Things Happen
Posted Date :  14-05-19

Read more

POWERGRID Helps Restore Power in Fani Affected Odisha

New Delhi: Power Grid Corporation of India Ltd. (POWERGRID) played a major role in quick restoration of power supply in the state of Odisha which was badly affected by the cyclone ‘Fani’, recently on May 3, 2019. Reportedly the strongest tropical cyclone to hit coastal areas in last 20 years,
Posted Date :  14-05-19

Read more

SJVN Organized A Mini Marathon to Promote Save Energy Save Environment

Shimla: Shri Nand Lal Sharma, Chairman & Managing Director, SJVN Limited along with Shri Amarjeet Singh Bindra, Director (Finance), Shri Rakesh Kumar Bansal, Director (Electrical), Smt. Geeta Kapoor, Director (Personnel) and Chief Vigilance Officer, Shri Shyam Singh Negi flagged off a mini-marath
Posted Date :  13-05-19

Read more

NALCO Employees Contributes One Day Salary to CM Relief Fund

Bhubaneswar: Last week the Cyclone 'FANI', which hits Odisha and makes massive devastation in many states in Odisha.  Standing with the people of Odisha in this difficult time, all employees of National Aluminium Company (NALCO) donated one day salary to the Odisha's Chief Minster’
Posted Date :  13-05-19

Read more

Sir Mark Tully Launches PRSI s Samvaad Series

New Delhi: PRSI- Delhi Chapter launched the 'Samvad-Series' for the fraternity of fellow professionals. The Samvad Series was launched by Sir William Mark Tully, former Bureau Chief of the BBC, New Delhi, on 10th May 2019, at the SCOPE Convention Centre, Delhi with a Lecture on 'Cre
Posted Date :  13-05-19

Read more

BEML Celebrates 55th Foundation Day

Bangalore: BEML Limited, a Mini Ratna Category-I Company under the Ministry of Defence celebrated its 55th Foundation Day today on 11th May 2019 across all its offices and complexes.    Shri Deepak Kumar Hota, Chairman & Managing Director, BEML while addressing  the employees at the fu
Posted Date :  11-05-19

Read more

CIL Launches its New website

Coal India Limited (CIL) has launched its new website with new look. The New CIL website has a clean design and a consistent site-wide navigation system with improved menu functionality that will direct you to the information most relevant to the client. It is also fully responsive with mobile devi
Posted Date :  11-05-19

Read more

SAIL Launches New Brand of TMT Bars for safe Homes

New Delhi: Steel Authority of India Limited (SAIL) has launched a new brand of TMT bars named SAIL SeQR (SAIL secure), which is safer and has the unique combined features of higher strength with better ductility which will provide enhanced safety to the construction. The production of these TMT b
Posted Date :  11-05-19

Read more

Listening is Beautiful Art for Peace : Sir Mark Tully

New Delhi: Padamshree Sir William Mark Tully launched PRSI (Delhi Chapter's) initative 'Samvad' series, a Knowledge sharing initative at an event organised by PRSI (Delhi Chapter) at SCOPE Convention Centre, New Delhi yesterday. While addressing a over packed gathering of PR and Medi
Posted Date :  11-05-19

Read more