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.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..