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CIL and DVC Form Rs 21,000 Crore JV for 1,600 MW Power Project in Jharkhand.

Economy | Dated: 10 Nov 2025

Coal India Limited (CIL) and Damodar Valley Corporation (DVC) announced the formation of a massive Joint Venture (JV) with a substantial investment of **?21,000 crore**. The JV is tasked with establishing a new **1,600 MW super-critical thermal power project** in **Jharkhand**, a strategic move aimed at ensuring a stable and secure supply of baseload electricity while maximizing the efficient and environmentally responsible utilization of coal reserves.

🎯 Key Highlights:

  • The Joint Venture (JV) was formed between Coal India Limited (CIL), a Maharatna PSU, and Damodar Valley Corporation (DVC), a premier power organization.
  • The substantial investment for the super-critical thermal power project stands at **?21,000 crore**, with a capacity target of 1,600 MW.
  • The project is strategically located in Jharkhand, leveraging proximity to CIL's vast coal reserves to ensure a reliable and secure supply of electricity to the eastern grid.

💡 Other Important Facts:

  • The JV aims to secure a consistent and reliable supply of coal for continuous power generation.
  • It directly contributes to the significant power needs and industrial growth of the eastern states of India.
  • The collaboration highlights the integration of large PSUs for major national infrastructure and energy development projects.

📚 Test Your Knowledge:

The CIL and DVC JV is setting up a 1,600 MW thermal power project in which state?

Correct Answer: Jharkhand

🚀 Quick Recap:

About CIL & DVC

  • CIL: Maharatna PSU and world's largest coal producer, DVC: Premier power generation and river valley project organization in the eastern region.
  • Project Type: 1,600 MW Super-critical Thermal Power Plant, Investment: ?21,000 crore, Location: Jharkhand (strategically placed near captive coal reserves).