Hydro power major SJVN has acquired 100% Equity of Buxar Bijlee Company on July 04, 2013. This development is in terms of memorandum of understanding (MoU) signed by the company with Bihar government for setting up a 1320 MW thermal plant at Buxar in Chausa.
Further, the company has been allocated 486 MT of Coal reserves in the 2102 MT Deocha-Pachami Coal Block located in West Bengal for the purpose of Buxar Thermal Project.
SJVN is a joint venture between the Central government and Himachal Pradesh state government. The company owns and operates India’s largest 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh.
