Coal India, DVC to Build ?165 Billion Power Plant in Jharkhand
POWER & RENEWABLE ENERGY

Coal India, DVC to Build ?165 Billion Power Plant in Jharkhand

State-run miner Coal India Ltd (CIL) has signed a memorandum of understanding with Damodar Valley Corporation (DVC) to develop a coal-fired ultra-supercritical power plant in Jharkhand with a total investment of ?165 billion.

The plant, to be developed on a 50:50 joint venture basis, will feature 2x800 MW units and will be a brownfield expansion of the existing Chandrapura Thermal Power Station, which currently runs at a capacity of 2x250 MW.

According to Coal India, the proposed ultra-supercritical units will operate at higher steam temperatures and pressures than conventional supercritical plants, enabling higher efficiency and reduced carbon emissions.

Coal for the plant will be sourced from nearby coalfields of CIL subsidiaries—Bharat Coking Coal Ltd and Central Coalfields Ltd, ensuring logistical ease and supply security.

The non-binding pact was signed in Kolkata on Monday in the presence of CIL Chairman P M Prasad and DVC Chairman S Suresh Kumar. It was inked by Debasish Nanda, Director (Business Development), CIL, and Swapnendu Kumar Panda, Member (Technical), DVC.

The agreement also includes provisions for collaborative development of future thermal and green energy projects, including projects with storage components, to meet the rising electricity demand in the DVC valley region.

The move is part of Coal India’s ongoing diversification beyond coal mining into power generation. The PSU currently accounts for over 80% of India’s coal output and is targeting 875 million tonnes of coal production and 900 million tonnes of offtake by FY2025-26.

State-run miner Coal India Ltd (CIL) has signed a memorandum of understanding with Damodar Valley Corporation (DVC) to develop a coal-fired ultra-supercritical power plant in Jharkhand with a total investment of ?165 billion. The plant, to be developed on a 50:50 joint venture basis, will feature 2x800 MW units and will be a brownfield expansion of the existing Chandrapura Thermal Power Station, which currently runs at a capacity of 2x250 MW. According to Coal India, the proposed ultra-supercritical units will operate at higher steam temperatures and pressures than conventional supercritical plants, enabling higher efficiency and reduced carbon emissions. Coal for the plant will be sourced from nearby coalfields of CIL subsidiaries—Bharat Coking Coal Ltd and Central Coalfields Ltd, ensuring logistical ease and supply security. The non-binding pact was signed in Kolkata on Monday in the presence of CIL Chairman P M Prasad and DVC Chairman S Suresh Kumar. It was inked by Debasish Nanda, Director (Business Development), CIL, and Swapnendu Kumar Panda, Member (Technical), DVC. The agreement also includes provisions for collaborative development of future thermal and green energy projects, including projects with storage components, to meet the rising electricity demand in the DVC valley region. The move is part of Coal India’s ongoing diversification beyond coal mining into power generation. The PSU currently accounts for over 80% of India’s coal output and is targeting 875 million tonnes of coal production and 900 million tonnes of offtake by FY2025-26.

Next Story
Real Estate

K Raheja Corp launches luxury tower at Raheja Galaxy, South Pune

K Raheja Corp Homes has unveiled a new luxury tower at Raheja Galaxy in South Pune, catering to the growing demand for premium living spaces in the area. Located off NIBM, the project offers seamless connectivity, excellent infrastructure, and a reputation for timely delivery and superior construction quality.The new tower features spacious 2-bed, 3-bed, and 3BHK L residences, priced from Rs 1.29 crore. The homes are designed with modern amenities and a neo-classical architectural style, offering a balance of functionality and luxury. Prices will increase after April 30th, making the early-bir..

Next Story
Infrastructure Urban

PM to Visit Bihar on April 24 for Panchayati Raj Day Celebrations

Prime Minister Shri Narendra Modi is scheduled to visit Bihar on 24th April 2025. During his visit to Madhubani, he will participate in the National Panchayati Raj Day celebrations at around 11:45 AM. On this occasion, he will inaugurate, dedicate, and lay the foundation stone for several development projects worth over Rs 134 bn, and will address the public gathering. As part of the programme, the Prime Minister will present the National Panchayat Awards, honouring the best-performing Panchayats from across the country. In the railways sector, Prime Minister Modi will flag off the Amrit Bha..

Next Story
Infrastructure Urban

Rs 140 Bn Infra Projects in North India Reviewed by DPIIT Secretary

Shri Amardeep Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), chaired a high-level Project Monitoring Group (PMG) review meeting to assess progress on major infrastructure projects in Uttar Pradesh, Haryana, Punjab, and Uttarakhand. The meeting was attended by senior officials from central ministries, state governments, and private sector project proponents. A total of 17 key infrastructure projects, collectively worth over Rs 140 billion, were reviewed during the session, which addressed 19 critical issues affecting project execution. The discussions..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?