EnergyPre-market
CIL and DVC form joint venture for 1,600 MW power project
pre-market1 source ↓written by the desknot a recommendation
- power project
- 1,600 MW
- estimated
- ₹21,000 cr
- each
- 800 MW
Coal India Limited (CIL) has signed a joint venture agreement with Damodar Valley Corporation (DVC) to expand the Chandrapura thermal power project by 1,600 MW. The project, estimated at ₹21,000 cr, will consist of two ultra-supercritical units of 800 MW each, with costs shared equally. This venture may also lead to further thermal and renewable energy projects.
Not investment advice. For informational purposes only.