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Cabinet okays investment of Rs 31,564 cr in four power projects

Cabinet okays investment of Rs 31,564 cr in four power projects

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  8 March 2019 7:12 AM GMT

New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved four power projects in Uttar Pradesh, Bihar, Sikkim and Jammu and Kashmir at an investment of Rs 31,564 crore to generate a total of 3,764 megawatts (MW), an official statement said.

The CCEA approved 1,320 MW Khurja Super Thermal Power Plant (STPP) in Uttar Pradesh’s Bulandshahr district at an estimated cost of Rs 11,089.42 crore

Based on supercritical technology, the project, with two units of 660 MW each and equipped with latest emission control technology, will be implemented by THDC India Ltd, a mini ratna central public sector undertaking (CPSU), which was allotted the Amelia coal mine in Madhya Pradesh’s Singrauli district in 2017.

The CCEA gave its nod to a similar thermal power plant in Bihars Buxar district.

The Buxar Thermal Power Project, planned at a cost of Rs 10,439.09 crore, will be implemented by SJVN Thermal Pvt Ltd, a unit of SJVN Ltd, a mini-ratna CPSU, and commence work on 2023-24.

For Sikkim, the CCEA approved investment sanction for acquisition of Lanco Teesta Hydro Power Ltd (LTHPL) and execution of balance work of the Teesta Stage-VI hydro electric project with installed capacity of 500 MW by state-run hydro power giant NHPC Ltd.

The project will be implemented at a cost of Rs 5,748.04 crore (at July 2018 price level), which includes bid amount of Rs 907 crore for acquisition of LTHPL and estimated cost of balance work of Rs 3,863.95 crore, including interest during construction and foreign component of Rs 977.09 crore, the Ministry said in another statement. (IANS)

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