The Cabinet Committee on Economic affairs approved the R&D project for development of Advance Ultra Super Critical Technology for Thermal Power plant to BHEL.
Government will provide one time budgetary support of Rs 900 crore to BHEL for implementation of the R&D project.
The project will help in reducing coal consumptions and lowering emissions. The project will be helpful to Indian industries for design, manufacture and commission higher efficiency coal fired power plants with indigenously developed technology and manufacturing process.
This project will be completed at an estimated cost of Rs 1,554 crore within three years.