DVC unveils roadmap worth Rs 500 billion
POWER & RENEWABLE ENERGY

DVC unveils roadmap worth Rs 500 billion

Damodar Valley Corporation (DVC) unveiled a growth roadmap to double its installed capacity of 6,900 MW at an investment of around Rs 500 billion over the next seven-eight years, with focus on renewables. The company has firmed up plans to add around 3,700 MW of thermal capacity in brownfield expansions by 2030 with a capex of nearly Rs 300 billion.

DVC Chairman Ram Naresh Singh said that they have embarked on a major expansion of three brownfield projects, adding 3,700 MW in total by 2030. They also have renewable power projects in solar and pumped storage projects.

As part of the brownfield expansion, it intends to install 2x660 MW at Raghunathpur, 800 MW at Durgapur, and 2x800 MW at Koderma.

DVC is also considering adding 2,150 MW of solar power and 2,100 MW through two pumped storage projects (1,500 MW at Lagu Pahaar in Jharkhand and 600 MW in West Bengal's Purulia district). These expansions would require an additional expenditure of Rs 200 billion.

With state-owned businesses like NTPC, SJVN, and NHPC, joint ventures would be used to carry out the non-thermal projects.

Damodar Valley Corporation (DVC) unveiled a growth roadmap to double its installed capacity of 6,900 MW at an investment of around Rs 500 billion over the next seven-eight years, with focus on renewables. The company has firmed up plans to add around 3,700 MW of thermal capacity in brownfield expansions by 2030 with a capex of nearly Rs 300 billion. DVC Chairman Ram Naresh Singh said that they have embarked on a major expansion of three brownfield projects, adding 3,700 MW in total by 2030. They also have renewable power projects in solar and pumped storage projects. As part of the brownfield expansion, it intends to install 2x660 MW at Raghunathpur, 800 MW at Durgapur, and 2x800 MW at Koderma. DVC is also considering adding 2,150 MW of solar power and 2,100 MW through two pumped storage projects (1,500 MW at Lagu Pahaar in Jharkhand and 600 MW in West Bengal's Purulia district). These expansions would require an additional expenditure of Rs 200 billion. With state-owned businesses like NTPC, SJVN, and NHPC, joint ventures would be used to carry out the non-thermal projects.

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000