Punjab Government Acquires Goindwal Sahib Thermal Plant for Rs 1,080 Crore, Marks Historic Deal

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In a historic move, the Punjab government, led by Chief Minister Bhagwant Mann, has purchased the Goindwal Sahib Thermal Power Plant for Rs 1,080 crore, boasting the country’s most economical deal for a 540-MW thermal plant. The state aims to save substantial costs, reduce litigation with GVK, and lower power tariffs by Rs 1 per unit. The acquisition aligns with Punjab’s strategy to enhance energy self-sufficiency and explore cost-effective alternatives in the power sector.

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Note: The above-mentioned news was first published by us in our ProjectX India | 15th January 2024 edition.. Do you want to buy this issue or our latest issue? If yes! click here

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