Cabinet clears plan to revive stressed thermal plants, build new units

New Delhi: The Cabinet on Thursday approved a plan to revive some of the stressed thermal power plants and set up new coal-fired power plants to curb power deficit, finance minister Arun Jaitley said.

Power projects of 1,320-megawatts capacity would be set up in Bihar and northern part of Uttar Pradesh, he said.

While the Bihar power plant would cost ₹10,439 crore ($1.49 billion), the one in Uttar Pradesh would be built with an investment of ₹11,089 crore.

The two power projects would start operations from 2023-24, Jaitley said.

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