The Union of Environment and Forest Ministry on Thursday accorded environmental clearance to 2×660 MW (1320 MW) Super Critical Buxar Thermal Power project that would be set up in Chausa village of Buxar district in Bihar.
Informing about the decision, Satluj Jal Vidyut Nigam (SJVN) Chairman R N Misra said that 95 per cent of land required for project activities has already been acquired. “No displacement is involved in the construction of the project. Moreover, no forest land is involved for the project activities including pipelines and associated facilities,” he said.
He said that the annual coal requirement of the project is 6.7 MT, which will be met out from the allocated coal field and imported coal. “The MoU for imported coal has already been signed with MMTCL which will be received at Haldia Port. The domestic and imported coal will be transported through railways and Eastern Railways has already provided in-principle approval in this regard,” he said.
Misra said the water required for the operation of the project will be drawn from the river Ganges, necessary water allocation has already been granted by the Government of Bihar. After commissioning the project will produce 9,828 Million Units of electricity every year. The tentative tariff for the first year of generation is Rs 3.38 per unit.
The project will be executed through SJVN Thermal Private Limited (STPL), which is a wholly owned subsidiary of SJVN Limited. The project will be financed by SJVN Limited through its own resources and loan from financial institutions on 70:30 debt equity ratio, he added.