Damodar Valley Corporation

Coal India Limited (CIL) and Damodar Valley Corporation (DVC) have signed a Joint Venture Agreement (JVA) to set up a 1,600 MW coal-based power plant at DVC’s existing Chandrapura Thermal Power Station (TPS) in Jharkhand. The agreement was signed on November 7, formalising a 50:50 partnership between the two public sector entities. The project involves installing two ultra-supercritical units of 800 MW each, with an estimated total cost of around Rs 21,000 crore. The new…