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SJVN stock gains as work of second unit of 1320 MW Buxar thermal power plant in Bihar begins

The project consists of two units and that more than 50 % of works related to the First unit have already been completed.

November 24, 2021 11:05 IST | India Infoline News Service
SJVN
State-owned SJVN has inaugurated the works of the Second Unit of (2 X 660) 1320 MW Buxar Thermal Power Plant. The project consists of two units and that more than  50 % of works related to the First unit have already been completed. The 1320 MW Buxar Thermal Power Plant with Ultra Super Critical Technology is being developed by SJVN Thermal Pvt. Ltd (a fully owned subsidiary of SJVN Limited). 

The Plant involves an investment of around Rs11,000cr.

The company's CMD exhorted all stakeholders to enthusiastically strive hard to commission the Project before the scheduled timeframe.

The CMD emphasized contributing towards the target of “24X7 Power for All” set by the Hon’ble Prime Minister of India. He stated that every individual associated with activities of the Plant has to concertedly work towards commissioning the first unit of the Plant by June 2023 and the second unit by January 2024.

SJVN’s present installed capacity is 2016.51 MW and has a portfolio of more than 11000 MW & aims to be generating 5000 MW by 2023, 12000 MW by 2030 and 25000 MW by 2040. SJVN has a presence in various sectors of energy generation which includes Hydro, Wind, Solar & Thermal. The company also has a presence in the field of Energy Transmission.

At around 11.02 am, SJVN was trading at Rs28.50 per piece up 0.9% on Sensex. 

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PRESTIGE (NSE)

The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

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