The government on Thursday cleared investment proposals worth over Rs 31,560 crore in power projects, including two coal-based thermal plants and a hydro project on river Chenab in Jammu and Kashmir. The thermal power plants in Buxar, Bihar, and Bulandshahr, Uttar Pradesh, are expected to become operational by 2023-24.
Briefing media after the meeting of the Cabinet Committee on Economic Affairs (CCEA), Finance Minister Arun Jaitley said approval has been given to an investment of Rs 10,439.09 crore for the 2×660 MW Buxar Thermal Power Project (Buxar TPP) in Bihar.
The Buxar project will be implemented by SJVN Thermal Private Ltd, a wholly owned subsidiary of SJVN, a mini-ratna CPSU. Read More