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Coal India Limited signs MoU with Damodar Valley Corporation to set up 2×800 MW thermal power plant in Jharkhand
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Dr.G.R.Balakrishnan Apr 24 2025 Exim & Trade News

Coal India Limited signs MoU with Damodar Valley Corporation to set up 2×800 MW thermal power plant in Jharkhand

Coal India Limited (CIL) has signed a memorandum of understanding (MoU) with Damodar Valley Corporation (DVC) to jointly develop a coal-fired 2×800 MW ultra supercritical power plant in Jharkhand.

This brownfield project will be an expansion of the existing Chandrapura thermal power station which currently has a capacity of 2×250 MW. The proposed project involves a total investment of Rs. 165 billion. The joint venture company will be based on a 50:50 equity sharing model. Coal for the power plants will be sourced from nearby coalfields operated by CIL’s subsidiaries, Bharat Coking Coal Limited and Central Coalfields Limited.

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