ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

DVC unveils roadmap worth Rs 500 billion
POWER & RENEWABLE ENERGY

DVC unveils roadmap worth Rs 500 billion

Damodar Valley Corporation (DVC) unveiled a growth roadmap to double its installed capacity of 6,900 MW at an investment of around Rs 500 billion over the next seven-eight years, with focus on renewables. The company has firmed up plans to add around 3,700 MW of thermal capacity in brownfield expansions by 2030 with a capex of nearly Rs 300 billion.

DVC Chairman Ram Naresh Singh said that they have embarked on a major expansion of three brownfield projects, adding 3,700 MW in total by 2030. They also have renewable power projects in solar and pumped storage projects.

As part of the brownfield expansion, it intends to install 2x660 MW at Raghunathpur, 800 MW at Durgapur, and 2x800 MW at Koderma.

DVC is also considering adding 2,150 MW of solar power and 2,100 MW through two pumped storage projects (1,500 MW at Lagu Pahaar in Jharkhand and 600 MW in West Bengal's Purulia district). These expansions would require an additional expenditure of Rs 200 billion.

With state-owned businesses like NTPC, SJVN, and NHPC, joint ventures would be used to carry out the non-thermal projects.

Damodar Valley Corporation (DVC) unveiled a growth roadmap to double its installed capacity of 6,900 MW at an investment of around Rs 500 billion over the next seven-eight years, with focus on renewables. The company has firmed up plans to add around 3,700 MW of thermal capacity in brownfield expansions by 2030 with a capex of nearly Rs 300 billion. DVC Chairman Ram Naresh Singh said that they have embarked on a major expansion of three brownfield projects, adding 3,700 MW in total by 2030. They also have renewable power projects in solar and pumped storage projects. As part of the brownfield expansion, it intends to install 2x660 MW at Raghunathpur, 800 MW at Durgapur, and 2x800 MW at Koderma. DVC is also considering adding 2,150 MW of solar power and 2,100 MW through two pumped storage projects (1,500 MW at Lagu Pahaar in Jharkhand and 600 MW in West Bengal's Purulia district). These expansions would require an additional expenditure of Rs 200 billion. With state-owned businesses like NTPC, SJVN, and NHPC, joint ventures would be used to carry out the non-thermal projects.

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement