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

23 Apr 2025 CW Team

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.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..