Govt approves Rs 1,554 crore to develop technology for power plants – Feedback

Government today approved Rs 1,554 crore R&D project to develop advanced ultra super critical (AUSC) technology for thermal power plants, a move that would ensure energy security.

The CCEA “approved a proposal of R&D project for development of Advanced Ultra Super Critical (AUSC) technology for thermal power plant with an estimated cost of Rs 1,554 crore and providing one time budgetary support of Rs 900 crore spread over a period of three years, commencing from 2017-18, to be provided as plan Gross Budgetary Support to BHEL for implementation of the R&D project,” Ministry of Heavy Industry and Public Enterprises said in a statement. The project is formulated with a timecycle of two and a half years, with an estimated cost of Rs 1,554 crore, with a contribution of Rs 270 crore from BHEL, Rs 50 crore from NTPC, Rs 234 crore from IGCAR, Rs 100 crore from Department of Science and Technology (DST).

http://www.business-standard.com/article/economy-policy/govt-approves-rs-1-554-crore-to-develop-technology-for-power-plants-116081001511_1.html

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