NEW DELHI: With an aim to revive the stressed power sector and encourage hydropower sector, the government on Thursday approved investment proposals worth over Rs 31,600 crore in four power projects. These projects, including coal-based thermal plants and hydro power, are likely to be operational by 2023-24.
The Cabinet Committee of External Affairs (CCEA) has approved investment of Rs 10,439.09 crore for the 2×660 MW Buxar Thermal Power Project in Bihar. The plant, which is expected to improve deficit power scenario in the eastern region, will be set up by SJVN Thermal Private Ltd, a wholly owned subsidiary of SJVN, a mini-ratna CPSU.
