CIL, DVC form Joint Venture for 1,600 MW Chandrapura thermal power expansion

State-owned Coal India Limited (CIL), the country’s major coal producer on Friday signed a strategic joint venture agreement with Damodar Valley Corporation (DVC) to undertake brownfield expansion of 1600 MW capacity thermal power project at the existing site of DVC’s Chandrapura TPS, Jharkhand.

The JV also explores possibilities of jointly undertaking other thermal power and renewable energy projects, the company said.