India's major private sector power utility firm, CESC Ltd. has decided to revive the abandoned Balagarh thermal power project. The power project was situated in West Bengal and was abandoned several years ago. The board of directors of CESC Ltd. has approved the proposal and soon the project will be revived.

Vice-Chairman of CESC Ltd. Mr. Sanjiv Goenka has informed the media on such decision of the board. He has also said that the company is going to invest around Rs 18,000 crore to Rs 20,000 crore in the next four years on its several power projects.

The power projects are at the state of West Bengal, Orissa, Bihar, Jharkhand and Himachal Pradesh. He has also said that funding is not going to be an issue for the company. More over, the company is also not seeking the merchant power status.

The main focus of the company is to produce quality product with a cost effective manner. He has also informed about the 660megawatt Haldia project. It is now moving ahead after some initial hiccups.