Damodar Valley Corporation (DVC) will double its annual power generation over the next seven years, its chairman Ram Naresh Singh said.
Singh said DVC aims to add 8,000 MW of annual power generation from the current 7,000 MW, to achieve its target of 15,000 MW of annual power output by 2030.
The corporation will invest an estimated Rs 60,000 crore for installing new power plants to achieve the target, he said.
“The Centre has given its nod to the DVC to set up new power plants with a total capacity of 8,000 MW,” Singh told reporters here on Sunday.