DVC aims for 8,000 MW power plants in 7 years
POWER & RENEWABLE ENERGY

DVC aims for 8,000 MW power plants in 7 years

Ramnaresh Singh, Chairman of the Damodar Valley Corporation (DVC), announced that the DVC was planning to invest Rs 600 billion in the establishment of three brownfield power plants in India over the next seven years. He mentioned that the combined capacity of these plants would amount to 8,000 MW. It was stated that the approval for these plants had been granted by the Centre.

Singh mentioned that the DVC was also seeking government approval for an additional brownfield project. He stated that they were currently working on the installation of two hydel pump storage and battery-powered plants in Luggu Hill, Gomia, Bokaro (Jharkhand), and Panchet (West Bengal) to generate 2,500 MW. Furthermore, within their operational areas, the DVC had plans to establish 2,000 MW of floating and ground-mounted solar power plants.

Singh emphasised that the DVC had been successful in meeting its production target of 7,000 MW of power. He mentioned that they not only supplied electricity to states such as Delhi, Jharkhand, Punjab, Haryana, West Bengal, and Gujarat but also to nations like Bangladesh.

During a visit to the Chandrapura Thermal Power Plant (CTPS), Singh provided details about the upcoming brownfield thermal power plants. He informed that these plants would be situated in Koderma (Jharkhand), Raghunathpur, and Durgapur (West Bengal). He clarified that the DVC had no plans to establish a new thermal power plant at a different location. Instead, the new facilities would be located within the boundaries of existing DVC power plants, which already possessed coal, water, and rail infrastructure.

Additionally, there were plans to set up an 800 MW thermal plant in Chandrapura. Singh added that the dismantling of the old units at the Chandrapura Thermal Power Plant was currently underway to make space for the 800 MW unit.

Singh stated that the DVC catered to approximately 4% of the country's total power demand. The organisation aimed to provide electricity at competitive rates, offering prices lower than other power generators in the country.

Ramnaresh Singh, Chairman of the Damodar Valley Corporation (DVC), announced that the DVC was planning to invest Rs 600 billion in the establishment of three brownfield power plants in India over the next seven years. He mentioned that the combined capacity of these plants would amount to 8,000 MW. It was stated that the approval for these plants had been granted by the Centre. Singh mentioned that the DVC was also seeking government approval for an additional brownfield project. He stated that they were currently working on the installation of two hydel pump storage and battery-powered plants in Luggu Hill, Gomia, Bokaro (Jharkhand), and Panchet (West Bengal) to generate 2,500 MW. Furthermore, within their operational areas, the DVC had plans to establish 2,000 MW of floating and ground-mounted solar power plants. Singh emphasised that the DVC had been successful in meeting its production target of 7,000 MW of power. He mentioned that they not only supplied electricity to states such as Delhi, Jharkhand, Punjab, Haryana, West Bengal, and Gujarat but also to nations like Bangladesh. During a visit to the Chandrapura Thermal Power Plant (CTPS), Singh provided details about the upcoming brownfield thermal power plants. He informed that these plants would be situated in Koderma (Jharkhand), Raghunathpur, and Durgapur (West Bengal). He clarified that the DVC had no plans to establish a new thermal power plant at a different location. Instead, the new facilities would be located within the boundaries of existing DVC power plants, which already possessed coal, water, and rail infrastructure. Additionally, there were plans to set up an 800 MW thermal plant in Chandrapura. Singh added that the dismantling of the old units at the Chandrapura Thermal Power Plant was currently underway to make space for the 800 MW unit. Singh stated that the DVC catered to approximately 4% of the country's total power demand. The organisation aimed to provide electricity at competitive rates, offering prices lower than other power generators in the country.

Next Story
Real Estate

Varun Malik Joins ANAROCK as MD, Head of Capital Markets, APAC

ANAROCK Capital has appointed Varun Malik as Managing Director, Head of Capital Markets (APAC), marking a strategic move to expand its presence across Asia-Pacific. Based in Singapore, Malik will drive ANAROCK’s capital markets initiatives in the region.A real estate finance veteran, Malik brings over 18 years of experience in structuring complex cross-border transactions across South-East Asia and Australia. He has led debt and equity deals for REITs, fund managers, and developers, delivering strong returns and driving investor value.“We will redefine real estate capital solutions across ..

Next Story
Real Estate

Patra Chawl lottery held, 663 families allotted homes

Mumbai's Siddharth Nagar (Patra Chawl) Co-operative Housing Society members in Goregaon (West) saw their 15-year wait come to a close as MHADA conducted a successful computerised lottery for 663 eligible members under its redevelopment scheme.The Mumbai Housing and Area Development Board conducted the draw using the RAT (Randomised Allotment of Tenement) system at Sardar Vallabhbhai Patel Hall. The lottery, overseen by Mr. Milind Borikar, Chief Officer of Mumbai Board, ensured transparency by digitally allotting each member a building, wing, and floor.The project, located on Plot R-9, received..

Next Story
Infrastructure Transport

BLR Airport crosses 41 million passengers, 500,000 MT cargo

Kempegowda International Airport, Bengaluru (BLR Airport), has recorded key operational milestones in FY 2024-25, crossing 41.88 million passengers and handling 502,480 metric tonnes of cargo. This marks a year-on-year passenger growth of 11.6 per cent and a 14 per cent rise in cargo volumes.Domestic footfall reached 36.05 million, up 10 per cent, while international traffic saw a robust 25 per cent jump to 5.83 million, aided by Indigo’s global expansion and added frequencies by international carriers. BLR Airport now connects to 76 domestic and 33 international destinations, with Hanoi set..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?