Coal India (CIL) has entered into a partnership with Damodar Valley Corporation (DVC) to expand a thermal power project at DVC’s Chandrapura Thermal Power Station in Jharkhand, with an estimated investment of Rs 21,000 crore.
The joint venture will add two ultra-supercritical units, each with a capacity of 800 MW, totalling 1,600 MW. The project will be funded on a 50:50 equity basis and is expected to begin operations by 2031-32. Coal for the plants will be sourced from CIL’s subsidiary, Central Coalfields.
The expansion aims to strengthen India’s baseload generation capacity, improve efficiency, and meet growing national and regional energy demand. The project is seen as cost-effective due to its location in the coalfield area, ensuring competitive power generation costs.