PFC, REC sign pact to finance 1,320 MW coal-fired power plant in Bihar
The power plant, though not a new announcement, signifies India’s continued reliance on coal for power generation despite the government simultaneously having big ticket renewable energy plans. Another 1,320 MW coal-fired plant will come up in UP's Khurja. Meanwhile, the estimated cost of the Buxar Thermal Power Plant has increased by nearly 17% in over three years