DVC plans 8,000MW power plants in 7 years
POWER & RENEWABLE ENERGY

DVC plans 8,000MW power plants in 7 years

Ramnaresh Singh, Chairman, Damodar Valley Corporation (DVC), announced that the DVC would invest Rs 600 billion in setting up three brownfield power plants in India over the next seven years. He stated that the combined capacity of these plants would be 8,000 MW. The approval for these plants has been granted by the Centre.

Singh mentioned that the DVC is also seeking government approval for another brownfield project. He stated, "We are currently working on the installation of two hydel pump storage and battery-powered plants in Luggu Hill, Gomia, Bokaro (Jharkhand), and Panchet (West Bengal) to generate 2,500 MW. Additionally, within our operational areas, the DVC plans to establish 2,000 MW of floating and ground-mounted solar power plants."

Singh emphasised that the DVC is successfully meeting its production target of 7,000 MW of power. He said, "We not only supply electricity to states such as Delhi, Jharkhand, Punjab, Haryana, West Bengal, and Gujarat but also to nations like Bangladesh."

During a visit to the Chandrapura Thermal Power Plant (CTPS), Singh provided details about the upcoming brownfield thermal power plants. These plants will be located in Koderma (Jharkhand), Raghunathpur, and Durgapur (West Bengal). He clarified, "DVC does not have plans to establish a new thermal power plant at a different location. The new facilities will be situated within the boundaries of existing DVC power plants, which already have coal, water, and rail infrastructure."

Furthermore, there are plans to set up an 800 MW thermal plant in Chandrapura. Singh added that the dismantling of the old units at the Chandrapura Thermal Power Plant is currently underway to create space for the 800 MW unit.

Singh stated that the DVC caters to approximately 4% of the country's total power demand. The organisation aims to provide electricity at competitive rates, offering prices lower than other power generators in the country.

Also read:
WIPPA urges government action for wind energy growth
Tata Power subsidiary wins 966 MW hybrid project for Tata Steel


Ramnaresh Singh, Chairman, Damodar Valley Corporation (DVC), announced that the DVC would invest Rs 600 billion in setting up three brownfield power plants in India over the next seven years. He stated that the combined capacity of these plants would be 8,000 MW. The approval for these plants has been granted by the Centre. Singh mentioned that the DVC is also seeking government approval for another brownfield project. He stated, We are currently working on the installation of two hydel pump storage and battery-powered plants in Luggu Hill, Gomia, Bokaro (Jharkhand), and Panchet (West Bengal) to generate 2,500 MW. Additionally, within our operational areas, the DVC plans to establish 2,000 MW of floating and ground-mounted solar power plants. Singh emphasised that the DVC is successfully meeting its production target of 7,000 MW of power. He said, We not only supply electricity to states such as Delhi, Jharkhand, Punjab, Haryana, West Bengal, and Gujarat but also to nations like Bangladesh. During a visit to the Chandrapura Thermal Power Plant (CTPS), Singh provided details about the upcoming brownfield thermal power plants. These plants will be located in Koderma (Jharkhand), Raghunathpur, and Durgapur (West Bengal). He clarified, DVC does not have plans to establish a new thermal power plant at a different location. The new facilities will be situated within the boundaries of existing DVC power plants, which already have coal, water, and rail infrastructure. Furthermore, there are plans to set up an 800 MW thermal plant in Chandrapura. Singh added that the dismantling of the old units at the Chandrapura Thermal Power Plant is currently underway to create space for the 800 MW unit. Singh stated that the DVC caters to approximately 4% of the country's total power demand. The organisation aims to provide electricity at competitive rates, offering prices lower than other power generators in the country. Also read: WIPPA urges government action for wind energy growthTata Power subsidiary wins 966 MW hybrid project for Tata Steel

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement