New Delhi: SJVN Limited's Chairman & Managing Director (CMD) Nand Lal Sharma laid the foundation of the Infrastructural works of the first boiler of 1,320 MW Buxar Thermal Power Plant at Chausa, Buxar, Bihar through video conferencing. He also digitally inaugurated the newly constructed Administrative Building at the project site. During the digital unveiling ceremony, SJVN Limited's Director (Personnel) Geeta Kapur, Director (Civil) SP Bansal, Director (Finance) AK Singh, Director (Electrical) Sushil Sharma graced the occasion and SJVN Thermal Private Limited's CEO Sanjeev Sood and other senior officers of STPL were present at the site. The project is being implemented by SJVN Thermal Private Limited (STPL), a wholly-owned subsidiary of SJVN Limited.
Sharma informed that the project is based on Super Critical Technology, closed-cycle water re-circulation system for zero discharge concepts. He further informed that the project will have two units of 660 MW each and generate 9,828 million units of electricity annually. For these two units, two boilers are to be erected. The state transmission utility, Bihar has already approved the power evacuation system for this project. The estimated cost of the project is Rs 10,439 crores at January 2018 price levels.
Sharma further stated that in terms of the Power Purchase Agreement (PPA) with the government of Bihar, the project will provide at least 85 percent of the power generated to the state which will improve the demand-supply of power in Bihar. The project is very crucial for the industrial development of Bihar which would also act as a multiplier for employment generation as the project will result in direct and indirect employment to around 2,400 persons.
While inaugurating the administrative office at the project site, Sharma stated that this would go a long way in ensuring timely completion of the project. Sharma stated that although pandemic COVID -19 has greatly impacted construction works worldwide, but keeping in view the commitment of SJVN employees he assured that the project would be completed as per originally defined milestones i.e first unit to be commissioned by June 2023 and second Unit by December 2023. The project will be an important step towards achieving the shared vision of SJVN of becoming 5,000 MW company by 2023, 12,000 MW by 2030 and 25,000 MW company by 2040.
SJVN's present installed capacity is 2016.51 MW and projects of 5674 MW are under various stages of development. SJVN has a presence in various sectors of energy generation which includes Hydro, Wind & Solar. The company also has a presence in the field of Energy Transmission.
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