Chairman & Managing Director, Sh. Nand Lal Sharma laid the Foundation of the Infrastructural works of First Boiler of 1320 MW Buxar Thermal Power Plant at Chausa, Buxar, Bihar through video conferencing. He also digitally inaugurated the newly constructed Administrative Building at the project site. During the digital unveiling ceremony, Director (Personnel) Ms Geeta Kapur, Director (Civil) Sh S.P Bansal, Director (Finance) Sh A.K Singh, Director (Electrical), Sh. Sushil Sharma graced the occasion and CEO, SJVN Thermal Private Limited Sh. Sanjeev Sood and other senior officers of STPL were present at the site. The project is being implemented by SJVN Thermal Private Limited (STPL),a wholly owned subsidiary of SJVN Limited.
Shri Nand Lal Sharma informed that the Project is based on Super Critical Technology, closed cycle water re-circulation system for zero discharge concepts. Sh. Nand Lal Sharma further informed that, the project will have two units of 660 MW each and generate 9828 million units of electricity annually. For these two units two Boilers are to be erected. The State Transmission Utility, Bihar has already approved power evacuation system for this project. The estimated cost of the Project is Rs. 10,439 crores at January 2018 price levels.
Shri Nand Lal Sharma further stated that in terms of the Power Purchase Agreement with the Government of Bihar, the project will provide atleast 85% of power generated to the state which will improve the demand supply of power in Bihar. The Project is very crucial for the industrial development of Bihar which would also act as a multiplier for employment generation as the project will result in direct and indirect employment to around 2400 persons.
While inaugurating Administrative Office at Project Site, Sh Sharma stated that this would go a long way in ensuring timely completion of the Project. Sh Sharma stated that although pandemic COVID -19 has greatly impacted construction works worldwide, but keeping in view the commitment of SJVN employees he assured that the Project would be completed as per originally defined milestones i.e First Unit to be commissioned by June 2023 & second Unit by December 2023. The Project will be an important step towards achieving the Shared Vision of SJVN of becoming 5000 MW Company by 2023, 12000 MW by 2030 and 25000 MW Company by 2040.
SJVN’s present installed capacity is 2016.51 MW and projects of 5674 MW are under various stages of development. SJVN has presence in various sectors of energy generation which includes Hydro, Wind & Solar. The company also has presence in the field of Energy Transmission.