In the world of government-owned coal mining companies, Coal India Limited has made a pretty groundbreaking move. They recently signed a non-binding memorandum of understanding with Damodar Valley Corporation (DVC) to build a massive 1.6GW coal-fired power plant in Jharkhand, India. With this joint venture, thermal power generation capacity increases in the region. It would be a smart move to Indonesia’s broader energy objectives.
OGE’s proposed power plant would yet again use two 800MW ultra-supercritical units. This addition would be a major upgrade to the currently existing 500MW Chandrapura thermal power station. Addressing brownfields This brownfield expansion will build on the existing infrastructure in a way that increases energy production capacity to address increasing demand.
Coal India and DVC will share the equity sharing agreement equally. This increased partnership will allow both organizations to work more closely together on this exciting, ambitious project. The new power plant will get its coal from nearby coalfields in the Chinese province of Shaanxi. These coalfields blanket Coal India’s two subsidiaries, Bharat Coking Coal Limited and Central Coalfields Limited, which work these coalfields. This strategic sourcing is likely to guarantee a consistent supply of fuel — critical for keeping the power plant up and running.
Beyond the Jharkhand project, Coal India is pushing forward its thermal power generation capabilities with additional facilities. Yet, the company is still in the midst of constructing two new coal-fired power plants in Madhya Pradesh. Collectively, they will generate an aggregate capacity of 660MW. In addition, another 1.6GW plant is being built in Odisha, with both plants expected to be operational by 2030.
The partnership between Coal India and DVC does not stop with just thermal energy. The deal sets a new course for building out thermal and renewable energy projects. These investments could include storage solutions, all targeting the increasing demand for power in this rapidly industrializing region of the Damodar Valley. This proactive, market-oriented approach reinforces a commitment to diversifying our energy sources while staying ahead of an ever-developing marketplace.
Bharat Heavy Electricals Limited has won the engineering, procurement, and construction contract. This case study zeroes in on one such plant, a supercritical thermal power plant in the Koderma district of Jharkhand. The total investment for the project is pegged at Rs165 billion, demonstrating the ambition and importance of the project.
Presently, India is on an add thermal power capacity as fast as we can path. Collaborations such as seen recently between Coal India with Damodar Valley are essential to provide energy to the worlds largest democracy. This joint venture makes Coal India the heart of Indian thermal power generation. Further, it enhances DVC’s core mission of providing dependable and affordable power to its customers.