New Delhi: SJVN Ltd. has announced that its wholly owned subsidiary, SJVN Thermal Private Limited, has successfully achieved the Commercial Operation Date (COD) of Unit-1 (660 MW) at the 1320 MW Buxar Thermal Power Plant in Bihar. This marks a significant milestone in SJVN’s efforts to strengthen the nation’s power generation capacity.
Unit-1 of Buxar Thermal Power Plant Begins Commercial Operations
According to the company’s exchange filing, the 1320 MW Buxar Thermal Power Project—which consists of two units of 660 MW each—has reached the COD for its first unit. Located in Chausa, Buxar district, the plant uses state-of-the-art supercritical technology, ensuring enhanced operational efficiency and reduced environmental impact.
With the commissioning of Unit-1, the plant is expected to generate 9,828.72 million units of electricity annually. A substantial 85% of this power has been allocated to Bihar under a long-term Power Purchase Agreement (PPA), significantly improving the state’s power availability.
Key Benefits to Bihar and Eastern Region’s Energy Security
The Buxar Thermal Power Plant will have a profound impact on energy security in the Eastern Region of India, especially during peak hours, as it helps mitigate power shortages. The project will also improve overall grid stability and ensure reliable power supply to meet growing demand in Bihar.
SJVN Shares Surge Following Announcement
Following the announcement, shares of SJVN Ltd. surged by 1.96%, reflecting investor optimism around the company’s progress in expanding its power generation capacity. This achievement is seen as a key step in the company’s vision to become a leading player in India’s energy sector.
About SJVN
SJVN Ltd. is a public sector undertaking (PSU) under the Ministry of Power, Government of India. Established in 1988, SJVN is primarily engaged in the development of hydropower, thermal power, and renewable energy projects. The company plays a vital role in strengthening India’s power infrastructure, with a focus on sustainable energy generation. SJVN operates several power plants across India and has a significant portfolio of upcoming projects aimed at increasing the country’s energy capacity.
