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October 16, 2024
PI Global Investments
Infrastructure

Powering Progress with Sustainable Energy and Infrastructure


New Dawn in West Bengal: Bridging Divides and Powering Progress

Amidst the lush greenery of West Bengal, a new chapter is being written. The state’s 2024-25 budget, unveiled under the stewardship of Mamata Banerjee and presented by Finance Minister Chandrima Bhattacharya, promises a future brimming with potential.

The budget’s cornerstone is the proposal for four new super-critical thermal power units, a first for the state under the public-private partnership (PPP) model. These units, planned for Santaldih, Bakreshwar, and Durgapur, will boast a combined capacity of 2,920MW and are estimated to cost Rs 23,360 crore. The initial investment of Rs 100 crore has been allocated to set the wheels in motion.

Harnessing Power, Reducing Footprints

Super-critical thermal power plants are renowned for their operational efficiency, functioning beyond the critical pressure and temperature of water. This advanced technology results in a decreased carbon footprint, aligning with global efforts towards sustainable energy.

West Bengal currently has a power production capacity of 5,625 MW from thermal, hydro, and solar units. With the addition of these new thermal power units, the total capacity is projected to reach 8,545MW, marking a significant stride in the state’s energy landscape.

Bridging the Gap: Ganga Sagar Setu

In another transformative move, the budget includes plans for a 3.1km bridge, Ganga Sagar Setu, over the river Muriganga. Connecting Lot 8 and Kachuberia at Sagar Island in South 24-Parganas, the bridge aims to significantly reduce travel time to the pilgrimage site of Gangasagar, making it more accessible to visitors.

With an estimated cost of Rs 1,200 crore, the project is a testament to the state’s commitment to improving connectivity and fostering socio-economic growth. The Finance Minister has released Rs 200 crore for the initial year of construction, pledging to complete the bridge within three years.

A Beacon of Hope and Progress

The 2024-25 budget is more than just numbers; it’s a promise of progress and prosperity. It’s about bridging divides, both literal and metaphorical, and harnessing power in a responsible, sustainable manner.

As West Bengal strides into a new era, it carries with it the hopes and aspirations of its people. With these proposed projects, the state is not just building infrastructure; it’s crafting a narrative of growth, inclusivity, and sustainable development.

This is not merely a budget; it’s a blueprint for a brighter tomorrow.





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