CIL partners with DVC to expand thermal power project at Rs 21,000 crore
State-owned CIL on Friday said it has entered into a partnership with Damodar Valley Corporation (DVC) to expand a thermal power project in Jharkhand at an estimated cost of Rs 21,000 crore.
Under the joint venture agreement, the two companies will also explore possibilities of jointly undertaking other thermal power and renewable energy projects.
The upcoming coal-fired project at the existing site of DVC’s Chandrapura TPS (thermal power station), Jharkhand, “will comprise two ultra supercritical units of 800 MW each aggregating to a total installed capacity of 1,600 MW,” Coal India Ltd (CIL) said in a statement.
