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Coal India and DVC will jointly develop a 1,600 MW ultra-supercritical thermal power plant in Jharkhand with investment worth ₹16,500 crore.
The deets: Damodar Valley Corporation (DVC) is a government-owned utility that generates, transmits, and distributes electricity, primarily in the eastern Indian states. It also manages flood control, irrigation, and water supply in the Damodar River region.
A 1,600 MW ultra-supercritical thermal power plant can generate electricity for over 1.5 million homes, using advanced tech to produce more power efficiently while burning less coal.
This is a brownfield project meaning the companies will be building something new at an existing site, instead of starting from scratch on new land.
The existing Chandrapura Thermal Power Station, currently runs two 250 MW units. The new project will expand its capacity massively.
Why it matters: Coal India wants to lock in steady demand for its coal and reduce over-reliance on state-run power buyers. Partnering with DVC gives it a reliable, in-house offtake channel.
Zoom out: while India’s pushing hard on renewables, thermal still powers over 70% of the grid. With rising energy demand, it is unlikely we’re going to phase coal out anytime soon.
