CIL & DVC Join Rs 21,000 Cr Thermal Power Project

Coal​‍​‌‍​‍‌​‍​‌‍​‍‌ India Ltd (CIL) along with Damodar Valley Corporation (DVC) entered a strategic partnership to expand a thermal power project in Jharkhand. The total outlay for the project is estimated to be around Rs 21,000 crore.

The collaboration is a move to not only increase India’s baseload power generation capacity but also to look for new possibilities in thermal and renewable energy projects in the future.

The project of expansion is at DVC’s Chandrapura Thermal Power Station (TPS) and the project will have two ultra-supercritical units of 800 MW each, i.e., a total installed capacity of 1,600 MW.

The amount of Rs 21,000 crore is inclusive of the expenses for development, construction, and commissioning of both units. India’s energy demands will be met in the near future as the project is due to open for business in 2031-32. The brownfield expansion will be done at the Chandrapura location, where the existing infrastructure will be used for efficient methods of implementation and faster execution.

The project being situated in a coal-rich region is, according to a top CIL official, going to result in competitive power costs besides catering to the regional and national energy needs.

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The move shows how CIL is playing the leading role as the major source of domestic coal production, with a contribution of over 80% of India’s coal output, and also how DVC is becoming stronger in the power sector.

Such collaboration is a strategic synergy, realigning the two heavyweight energy players toward the Indian Power Sector’s sustainability and reliability goals. Moreover, it helps foster the development of the energy infrastructure in the resource-rich Jharkhand ​‍​‌‍​‍‌​‍​‌‍​‍‌state.