New Delhi: SJVN Limited's Chairman & Managing Director (CMD) Nand Lal Sharma virtually inaugurated the works of the second unit of (2X660) 1320 MW Buxar Thermal Power Plant in Bihar. On this occasion SJVN's Director (Electrical) Sushil Kumar Sharma and SJVN Thermal Pvt. Ltd's (STPL) CEO Sanjeev Sood was also present at the project site along with other senior officials.
Speaking on the occasion Sharma informed that, the foundation stone of the 1320 MW Buxar Thermal Power Plant was laid by Prime Minister of India Narendra Modi on March 9, 2019. Sharma also informed that the progress of the project is being continuously monitored by Union Minister for Power and New & Renewable Energy RK Singh. He exhorted all stakeholders to enthusiastically strive hard to commission the project prior to the scheduled timeframe.
He further stated that the project consists of two units and that more than 50 percent of works related to the first unit have already been completed. The 1320 MW Buxar Thermal Power Plant with Ultra Super Critical Technology is being developed by SJVN Thermal Pvt. Ltd (a fully owned subsidiary of SJVN Limited).
The Plant involves an investment of around Rs 11,000 crore. On commissioning, the plant will generate 9,828 million units (MU) of electricity. He emphasised contributing towards the target of "24X7 Power for All" set by the Prime Minister. He stated that every individual associated with activities of the Plant has to concertedly work towards commissioning the first unit of the Plant by June 2023 and the second unit by January 2024.
SJVN's present installed capacity is 2016.51 MW and has a portfolio of more than 11,000 MW and aims to be generating 5,000 MW by 2023, 12,000 MW by 2030 and 25000 MW by 2040. SJVN has a presence in various sectors of energy generation which includes hydro, wind, solar and thermal. The company also has a presence in the field of energy transmission.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)