DVC to invest Rs.150 bn for solar and pump storage project
01 Nov 2021
Damodar Valley Corporation (DVC) willinvest more than Rs.150 bn for constructing 2,000 MW of solar portfolio and a 1,500-MW pump storage facility. The investment aims to offer a better mix of thermal, hydel and solar power to its current industrial consumers and also envisions providing to domestic consumers making use of the open access. Presently, DVC has a capacity of 6,897 MW and operates four dams, wants a JV with NTPC for executing the solar power projects to come up in stages. DVC would install the pumping storage plant on its own at Lugu Pahar, Bokaro district
in Jharkhand.
Contact: Damodar Valley Corporation (DVC).
Website: www.dvc.gov.in
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