Bhupesh Baghel lays foundation for 1,320 MW power plant

01 Aug 2023 CW Team

Chief Minister Bhupesh Baghel laid the foundation stone of two units of a 660 megawatt supercritical thermal power plant in Korba district, valued at Rs 129.15 billion.

During the occasion, Baghel announced that the power plant would be named after former Rajiv Gandhi, Prime Minister. He mentioned that Korba holds a significant position as a power capital in the state, with its power generation activities initiated by Jawahar Lal Nehru in 1957. Baghel also stated that the state has received approvals for the environmental and coal-related processes, which are currently progressing. The anticipated commissioning of the plant is set for 2028.

Chief Minister Baghel proudly shared that the state has the highest per capita electricity consumption in the country. Furthermore, they provide electricity up to 400 units at half the rate to 42 lakh families. Additionally, the state grants subsidies amounting to Rs 123.57 billion to support farmers.

Baghel revealed the government's commitment to promoting solar energy and continuously improving the power system. To facilitate this, they have introduced the 'Mor Bijli' app, allowing citizens to pay bills and register complaints about power cuts and repairs.

At present, the total generation capacity of Chhattisgarh State Power Generation Company Limited stands at 2978.7 MW. It's noteworthy that when Chhattisgarh was founded, the production capacity was only 1360 MW, and now the state is recognized as a zero power cut state.

The Chief Minister emphasized that the newly established 1320 MW supercritical thermal power station will be the most substantial and modern plant in the state. He believes this will not only make the state self-sufficient in power generation but also create numerous new employment opportunities.

Also read:
Experion Capital Invests INR 2 Billion in Gurugram Luxury Project
Tripura unveils ambitious plan: 500 MW Solar Power by 2030

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..