Govt to sell Bathinda thermal plant land
The Punjab government has decided to sell 1,764 acres of the Bathinda thermal power plant, 50 years after it was commissioned to mark the 500 birth anniversary of Guru Nanak.
The Punjab Cabinet on Monday gave the nod for redevelopment of the land which will now be acquired by the Punjab Urban Development Authority (PUDA), under the department of housing and urban development through a 80:20 revenue sharing scheme with PSPCL, which is the owner of the land.
“PUDA has also been allowed by the Cabinet to raise a loan of upto Rs 100 crore for development and sale of the site with state guarantee,” a government statement said.
