ENA Sectors 2025-04-23 15:48:26 <p><span style="font-size:14px"><strong>Ranchi, April 23 (KNN)</strong> Coal India Limited has announced plans to construct a 1,600 megawatt coal-powered facility in Jharkhand through a joint venture initiative. </span></p> <p><span style="font-size:14px">The project represents a significant investment of Rs 1.65 lakh crore (USD 1.94 billion) and aims to address growing electricity demand across the country.</span></p> <p><span style="font-size:14px">On Monday, the state-owned enterprise formalised a non-binding memorandum of understanding with Damodar Valley Corporation (DVC), another state-run power generator. </span></p> <p><span style="font-size:14px">The planned facility will comprise two 800 MW units and will expand upon an existing 500 MW plant already in operation at the site.</span></p> <p><span style="font-size:14px">This development is part of Coal India's broader power generation strategy, which includes the construction of two thermal power plants at coal pit-heads in Madhya Pradesh, each with 660 MW capacity. </span></p> <p><span style="font-size:14px">Additionally, the company is developing a 1,600 MW facility in Odisha. Both projects are scheduled for completion by 2030.</span></p> <p><span style="font-size:14px">Despite India's commitment to expanding its renewable energy portfolio, the nation continues to prioritise thermal power capacity expansion to meet rapidly growing domestic electricity requirements. </span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41835 https://knnindia.co.in/news/newsdetails/sectors/coal-india-dvc-sign-mou-for-rs-165-lakh-crore-thermal-power-project-in-jharkhand 2025-04-23 15:48:26 knnindia.co.in