DVC Signs Pact with SJVN to Procure Hydropower for Green Goals
The Damodar Valley Corporation (DVC) has signed power purchase agreements with SJVN Limited to procure hydropower from its Sunni Dam and Luhri Stage-I Hydro Projects. The move is part of DVC’s broader plan to meet its green energy obligations and strengthen power supply across West Bengal and Jharkhand.
The new agreements follow five similar power purchase arrangements already signed with NHPC and mark a strategic step in diversifying DVC’s energy portfolio while improving grid reliability. The hydropower will be supplied as allocated by the Ministry of Power, with agreements taking effect upon commissioning of the projects.
DVC currently distributes around 43 Bn units of electricity annually, primarily catering to industrial consumers through high-tension supply. The corporation’s installed capacity stands at nearly 6,500 megawatts (MW), mostly thermal-based. However, future growth plans are focused heavily on renewable sources.
The new partnerships are expected to support peak demand management, industrial growth, and grid stability, while helping DVC achieve 100 per cent compliance with its green energy obligations.
DVC stated the initiative reinforces its commitment to delivering reliable, affordable, and sustainable energy, balancing thermal and renewable generation in the Damodar Valley region.
Source:Press Trust of India (PTI)