Close Menu
    What's Hot

    Sitharaman’s Andhra Visit Boosts Embedded Finance Growth

    December 28, 2025

    Navigating the Indian Stock Market: Trends and Strategies for 2026

    December 28, 2025

    Embedded Finance in India: A Growing Paradigm with Government Support

    December 28, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Sitharaman’s Andhra Visit Boosts Embedded Finance Growth
    • Navigating the Indian Stock Market: Trends and Strategies for 2026
    • Embedded Finance in India: A Growing Paradigm with Government Support
    • The Rise of Embedded Finance in India: A Catalyst for Economic Growth
    • Indian Stock Market Faces Volatility. What’s Next?
    • Nirmala Sitharaman’s Vision: Empowering India’s Financial Ecosystem through Embedded Finance
    • Navigating the Growth of Embedded Finance in India: A Tailored Approach
    • Indian Crypto Investors Defy Global Panic, Buy the Dip as Bitcoin Falls Below $90,000
    Facebook X (Twitter) Instagram
    The Financial EconomyThe Financial Economy
    Subscribe
    Wednesday, August 12
    • News
      • Banking & Finance
      • Business & Economy
      • Government & Policy
      • Market News
      • International
    • Banking & Loans
      • Credit Cards
        • General
        • Cashback
        • Reward Points
        • Shopping
        • Travel
        • Commercial
        • Corporate
        • Payment
      • Personal Loan
      • Home Loan
      • Car Loan
      • Educational Loan
      • Gold Loan
    • Investments
      • Deposits
        • Account Deposit
        • Akshya Deposit
        • Annuity Deposit
        • Auto Fixed Deposit
        • Current Deposit
        • Fixed Deposit
        • Multioption Deposit
        • NRE/NRO Deposit
        • Recurring Deposit
        • Savings Deposit
        • Senior Citizen Deposit
        • Term Deposit
      • MACAD
      • Mutual Fund
      • Gold Bonds
      • Savings Bond
      • Public Provident Fund
      • Stocks & Securities
      • Suganya Samridhi
      • Tax saving
      • National Pension Scheme
    • NRI
    • Resources
      • PAN Center
    The Financial EconomyThe Financial Economy
    Home»News»Business & Economy

    BHEL’s Mega Move: 2,400 MW Thermal Power Plant to Energize Odisha’s Jharsuguda

    Business & Economy 2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Bharat Heavy Electricals Limited (BHEL) is set to spearhead a transformative project, unveiling plans to establish a state-of-the-art greenfield thermal power plant with a staggering capacity of 2,400 MW in the heart of Odisha’s Jharsuguda district. The groundbreaking initiative is poised to bring about significant advancements in the region’s power infrastructure and contribute to the nation’s growing energy demands.

    NLC India Limited, a prestigious Navaratna company operating under the Ministry of Coal, has bestowed upon BHEL the prestigious EPC (engineering, procurement, and construction) contract for this colossal undertaking. The contract outlines the scope of BHEL’s responsibilities, encompassing engineering, manufacturing, supply, erection, and commissioning of critical equipment such as boilers, turbines, and generators required for the plant’s operation.

    The thermal power project has secured a strategic coal linkage from the Talabira II and III mines of NLCIL, ensuring a seamless and reliable supply chain for the generation of power. The formidable water requirements for the plant will be met through sourcing from the Hirakud reservoir, emphasizing BHEL’s commitment to sustainable resource management.

    Photo: Twitter

    The project’s timeline reveals an ambitious schedule, with the commissioning of the first unit slated for the financial year 2028-29. This forward-looking initiative aligns with India’s broader vision for energy self-sufficiency and sustainable development.

    Jharsuguda, strategically located in Odisha, has emerged as a key hub for industrial growth, and the addition of this thermal power plant is expected to significantly boost the region’s economic landscape. The project not only addresses the growing energy needs of the area but also aligns with national objectives of increasing power generation capacity to meet the demands of a burgeoning economy.

    BHEL’s expertise in engineering and manufacturing, combined with NLC India Limited’s strategic vision, positions this venture as a beacon for future developments in the power sector. As the project takes shape, it is anticipated to create employment opportunities, drive technological innovation, and contribute to the socio-economic development of Jharsuguda and its surrounding regions.

    The 2,400 MW thermal power plant stands as a testament to the commitment of BHEL and NLC India Limited towards fostering sustainable and robust energy solutions, thereby propelling India’s journey towards a greener and more energy-efficient future.

    Featured

    Keep Reading

    Indian Crypto Investors Defy Global Panic, Buy the Dip as Bitcoin Falls Below $90,000

    Altcoins Crash to Pandemic-Era Lows as Crypto Market’s Risk Appetite Collapses

    Wall Street Ends Mixed as Investors Brace for Nvidia’s High-Stakes Earnings Report

    Gold Holds Firm Amid U.S. Data Blackout, Traders Navigate Economic Uncertainty

    Indian Rupee Holds Steady as Trump Signals Optimism on India-US Trade Deal

    Wall Street Ends Mixed as Shutdown Progress Lifts Late-Session Sentiment

    Editors Picks

    Sitharaman’s Andhra Visit Boosts Embedded Finance Growth

    December 28, 2025

    Navigating the Indian Stock Market: Trends and Strategies for 2026

    December 28, 2025

    Embedded Finance in India: A Growing Paradigm with Government Support

    December 28, 2025

    The Rise of Embedded Finance in India: A Catalyst for Economic Growth

    December 28, 2025
    The financial economy
    Facebook X (Twitter) WhatsApp LinkedIn

    News

    • Market
    • Business
    • Banking & Finance
    • International
    • Government & Regulatory

    Subscribe to Updates

    Get the latest updates from www.thefinancialeconomy.com

    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.