DVC Signs Pact with SJVN to Procure Hydropower for Green Goals
POWER & RENEWABLE ENERGY

DVC Signs Pact with SJVN to Procure Hydropower for Green Goals

The Damodar Valley Corporation (DVC) has signed power purchase agreements with SJVN Limited to procure hydropower from its Sunni Dam and Luhri Stage-I Hydro Projects. The move is part of DVC’s broader plan to meet its green energy obligations and strengthen power supply across West Bengal and Jharkhand.

The new agreements follow five similar power purchase arrangements already signed with NHPC and mark a strategic step in diversifying DVC’s energy portfolio while improving grid reliability. The hydropower will be supplied as allocated by the Ministry of Power, with agreements taking effect upon commissioning of the projects.

DVC currently distributes around 43 Bn units of electricity annually, primarily catering to industrial consumers through high-tension supply. The corporation’s installed capacity stands at nearly 6,500 megawatts (MW), mostly thermal-based. However, future growth plans are focused heavily on renewable sources.

The new partnerships are expected to support peak demand management, industrial growth, and grid stability, while helping DVC achieve 100 per cent compliance with its green energy obligations.

DVC stated the initiative reinforces its commitment to delivering reliable, affordable, and sustainable energy, balancing thermal and renewable generation in the Damodar Valley region.

Source:Press Trust of India (PTI)


The Damodar Valley Corporation (DVC) has signed power purchase agreements with SJVN Limited to procure hydropower from its Sunni Dam and Luhri Stage-I Hydro Projects. The move is part of DVC’s broader plan to meet its green energy obligations and strengthen power supply across West Bengal and Jharkhand.The new agreements follow five similar power purchase arrangements already signed with NHPC and mark a strategic step in diversifying DVC’s energy portfolio while improving grid reliability. The hydropower will be supplied as allocated by the Ministry of Power, with agreements taking effect upon commissioning of the projects.DVC currently distributes around 43 Bn units of electricity annually, primarily catering to industrial consumers through high-tension supply. The corporation’s installed capacity stands at nearly 6,500 megawatts (MW), mostly thermal-based. However, future growth plans are focused heavily on renewable sources.The new partnerships are expected to support peak demand management, industrial growth, and grid stability, while helping DVC achieve 100 per cent compliance with its green energy obligations.DVC stated the initiative reinforces its commitment to delivering reliable, affordable, and sustainable energy, balancing thermal and renewable generation in the Damodar Valley region.Source:Press Trust of India (PTI)

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement