Manohar Lal visit to DVC: renewable energy expansion

In a significant development aimed at bolstering India's energy sector, Union minister of power and housing and urban affairs Manohar Lal, made his first official visit to the headquarters of Damodar Valley Corporation (DVC) in Kolkata. The visit was focused on assessing the performance and addressing the challenges faced by one of the country?s vital power entities. During his visit, Manohar Lal engaged in comprehensive discussions with DVC's management on various issues, including the operational challenges and financial hurdles that are impeding the corporation's growth. Highlighting the critical role of DVC in the nation's energy security and economic development, the Minister assured full governmental support in overcoming these obstacles. A major point of discussion was the need for DVC to expand its renewable energy portfolio?a move that aligns with the country?s ambitious goals for sustainable energy. Shri Manohar Lal advised DVC to consider the equity market as a viable option for fundraising to support its future growth plans and infrastructural developments. Expressing gratitude towards the Union Minister, the DVC management team acknowledged his guidance and pledged to accelerate efforts towards enhancing operational efficiencies and integrating more renewable energy projects into their portfolio.

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