In a significant move to address the rising power needs of West Bengal, the state government has given the green light to the second phase of a major power project. The approval, granted during a cabinet meeting on Wednesday, paves the way for a substantial expansion of energy infrastructure in the region.
Cabinet Nod for Enhanced Power Capacity
The state cabinet, chaired by Chief Minister Mamata Banerjee at Nabanna, approved the proposal to construct the next phase of the JSW Energy power project. This decision follows the group's announcement made at the recent Business and Industry Conclave. State Finance Minister Chandrima Bhattacharya clarified that tenders were invited for the plant's construction in response to the growing electricity demand.
The project will be developed under a Public-Private Partnership (PPP) model with the JSW Group. A key detail of the approval is the agreed tariff of Rs 5.80 per unit for the power generated.
Massive Investment and Job Creation
As revealed by Sharad Mahendra, Joint MD and CEO of JSW Energy, the second phase involves building another 1,600 MW supercritical power plant at Salboni. This expansion will double the site's total capacity to an impressive 3,200 MW.
The financial commitment behind this growth is monumental. The group's total investment in Bengal's power sector is now set to soar to Rs 40,000 crore. This includes an incremental investment of Rs 24,000 crore for the new phase, adding to the previously announced Rs 16,000 crore.
Mahendra also confirmed that the first phase of the project, comprising 2x800 MW units, has already received environmental clearance. The development is expected to be a major boost for local employment, with the potential to employ 3,000 people.
Addressing Bengal's Energy Future
This strategic approval underscores the state government's proactive steps to secure its energy future. The expansion of the Salboni power plant is a direct response to the increasing industrial and domestic consumption of electricity in Bengal. By leveraging the PPP model, the state aims to efficiently combine public oversight with private sector execution and investment.
The move is likely to enhance power reliability, support further industrial growth, and contribute to the overall economic development of West Bengal. The substantial investment figure also signals strong investor confidence in the state's infrastructure and policy environment.
