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Tender: PMG reviews Rs.10,439.09cr Buxar plant

Fiinews by Fiinews
March 27, 2025
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DPIIT officials examined 23 issues across 19 major projects

The Buxar Thermal Power Plant (1320 MW) project in Bihar, with an estimated cost of Rs10,439.09 crore, was a key focus of discussions a review by the Project Monitoring Group (PMG) of the Department for Promotion of Industry and Internal Trade (DPIIT).

The Foundation Stone of 1320 MW Buxar Thermal Power Plant was laid on 9 Mar 2019. The project consists of two units with Ultra Super Critical Technology. The Plant has to concertedly work towards commissioning of the first unit of Plant by June 2023 and second unit by January 2024.

The review on 24 Mar conducted a comprehensive review of key infrastructure projects in Bihar, West Bengal, and Odisha.

Additionally, projects related to the Ministries of Steel, Coal, Road Transport & Highways, Petroleum & Natural Gas, Railways, and Power were reviewed to identify and address bottlenecks, ensuring smooth execution https://www.bseindia.com/.

Officials examined 23 issues across 19 major projects, with a total investment exceeding Rs.63,858 crore. This included five projects under the Ministry of Labour and Employment, particularly focusing on Employees’ State Insurance Corporation (ESIC) hospitals across all three states. These hospitals aim to provide essential healthcare benefits, including specialized treatments, medicines, and hospitalization, for insured citizens and their families https://www.nseindia.com/.

The meeting, chaired by Principal Economic Advisor, Shri Praveen Mahto, was attended by senior officials from Central Ministries, State Governments, and project proponents to address and resolve pressing issues affecting project execution.

Praveen Mahto reaffirmed the government’s commitment to strengthening the institutional framework for project monitoring and urged authorities to adopt a proactive approach in resolving pending issues.

He emphasized the critical role of private stakeholders in leveraging the Project Monitoring Group (PMG) mechanism to accelerate project implementation. Enhanced coordination between the Central Government, State Authorities, and the Private Sector remains key to ensuring the timely and efficient execution of these infrastructure projects https://sbi.com.in/.

The DPIIT, through its Project Monitoring Group, will continue to facilitate high-impact infrastructure projects, ensuring their timely completion and contributing to India’s economic growth, the Ministry of Commerce & Industry said on 24 Mar. fiinews.com

Tags: DPIIT
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