Prime Minister of India Narendra Modi on Saturday unveiled the Foundation Stone of 1320 MW Buxar Thermal Power Plant in Bihar digitally.
The Project is based on Green Field Super Critical technology and is being implemented by SJVN Thermal Private Limited a wholly owned subsidiary of SJVN Limited. The estimated cost of super critical 1320-Megawatt Buxar Thermal Power Project is Rs. 10,439 crores at January 2018 price levels.
The foundation stone laying ceremony at Chausa, Buxar, Bihar was graced by Union Minister of State (Independent Charge) for Power Raj Kumar Singh, Union Minister of State for Health & Family Welfare, Ashwini Kumar Choubey, Chairman & Managing Director, SJVN, Nand Lal Sharma, amongst others.
The CMD said the Project will result in direct and indirect employment to around 2400 persons and is planned to be commissioned during the year 2023-24.
Sharma said the project will have two units of 660 MW each and generate 9828 million units of electricity annually. He asserted his resolve that SJVN will be completing this project within stipulated time frame and this project will be a major milestone for SJVN to become 5000 MW company by 2023.