CIL and DVC sign MoU to develop 1600 MW power plant in Jharkhand
Coal India Limited (CIL) has signed a memorandum of understanding (MoU) with Damodar Valley Corporation (DVC) to jointly develop a 2×800 MW ultra supercritical coal-fired power plant at the Chandrapura thermal power station in Jharkhand. This project, a brownfield expansion, will increase the plant’s capacity from the existing 2×250 MW. The proposed plant will require a total investment of Rs. 165 billion, with the joint venture based on a 50:50 equity sharing model. Coal for…