Punjab Government to buy private thermal power plant: CM Bhagwant Mann

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The Chief Minister shared the information about the purchase of a coal-fired thermal power plant on his Twitter handle.

“Sharing good news with Punjabis…Punjab government is buying a private thermal plant in Punjab…details soon,” Mann said in a roughly translated tweet in Punjabi.

Though the Chief Minister did not share information about the thermal plant, the state-owned power utility Punjab State Power Corporation Limited (PSPCL) was one of the 12 bidders for taking over the 540 MW Goindwal thermal power plant in Tarn Taran after corporate insolvency proceedings were initiated against its owner GVK Power.

Last month, Mann said the state government would bid for purchasing a private power plant for the first time. He had also said that the state has enough coal stock to run the plant.

A three-member sub-committee comprising state Power Minister Harbhajan Singh, Finance Minister Harpal Singh Cheema and Agriculture Minister Gurmeet Singh Khuddian was formed to decide on the financial bid.