CIL and DVC Form Joint Venture for 1,600 MW Power Project

12 Nov 2025 CW Team

Coal India Limited (CIL), the country’s largest coal producer, and Damodar Valley Corporation (DVC), a leading power generator in West Bengal and Jharkhand, have signed a Joint Venture Agreement (JVA) to develop a 1,600 MW brownfield thermal power project at DVC’s existing Chandrapura Thermal Power Station in Jharkhand. The agreement was finalised on 7 November 2025.

The project will comprise two ultra-supercritical units of 800 MW each, with coal sourced from CIL’s Jharkhand-based subsidiary, Central Coalfields Limited. The total estimated project cost is around Rs 210 billion, to be financed on a 50:50 equity basis between the two state-owned entities. The cost includes development, construction, and commissioning of both units, which are expected to begin commercial operations by FY 2031–32.

The JV also intends to explore future collaborations in other thermal and renewable energy ventures. Senior officials from both organisations stated that the project will leverage existing infrastructure at the Chandrapura site, ensuring efficient use of resources and faster execution.

Given its proximity to the coalfields, the project’s variable power cost is expected to remain competitive. As a brownfield expansion, major infrastructure, including land, is already available, expediting implementation.

The signing ceremony was attended by S. Suresh Kumar, Chairman, DVC; Sanoj Kumar Jha, Chairman, CIL; and senior officials from both organisations. The pact marks a significant step in enhancing national and regional power supply reliability and meeting India’s growing energy demand.

Infrastructure Transport

08 Jan 2026

CMRL to Open 15.8 km Chennai Metro Phase II in February

Chennai Metro Rail (CMRL) has revised its rollout strategy for Phase II of the Chennai Metro, deciding to commission the entire 15.8-km stretch between Poonamallee Bypass and Vadapalani directly in February. The move marks a shift from the earlier plan of launching services on a shorter section first and extending them in stages.Initially, CMRL had proposed to start operations on the Poonamallee Bypass–Porur Junction stretch by the end of January, with services extended to Vadapalani in February. However, officials said the revised approach would allow commuters to benefit from better connec..

Power Mech Emerges L1 for Mumbai Monorail O&M Contract

Power Mech Projects has emerged as the lowest bidder (L1) for the operations and maintenance (O&M) contract of the Mumbai Monorail project, officials said. The contract was floated by the Mumbai Metropolitan Region Development Authority (MMRDA) with a tenure of 1,825 days, or five years.MMRDA had invited bids for the O&M work of the Mumbai Monorail corridor from Sant Gadge Maharaj Chowk to Chembur. Technical bids were opened on November 12, 2025, with four firms submitting bids for the contract. Following the technical evaluation conducted on January 1, 2026, two bidders were disqualif..

E to E Transportation Clarifies SECR Contract Value at Rs 270.35 Mn

NSE Emerge-listed E to E Transportation Infrastructure has issued a clarification on the value of a railway signalling and telecommunication contract awarded by the South East Central Railway (SECR), Raipur Division, after identifying a typographical error in its earlier regulatory disclosure.In a filing dated January 4, 2026, the company said the correct value of the Letter of Acceptance (LoA) is Rs 270.34 million, and not Rs 2.73 billion as previously stated in an announcement uploaded on the NSE Emerge portal earlier the same day. The company noted that the incorrect figure was the result o..