Damodar Valley Corporation has entered into a Loan Agreement amounting Rs 10,050.42 crores with State Bank of India on 11 th September, 2024 for implementation of 2 X 800 MW Koderma Thermal Power Project (Phase-II), in Jharkhand. The total project cost of this 2×800 MW thermal power project stands at14357.74 cr.
The agreement ceremony took place at SBI Corporate Office, Mumbai in the presence of Shri Arup Sarkar, Member (Finance), Shri Joydeep Mukherjee, ED (Finance) & Shri Durgesh Maiti, CGM (Finance) from Damodar Valley Corporation, Shri Ashwini Kumar Tewari- Managing Director (Corporate Banking & Subsidiaries), Shri Gulshan Malik – DMD- Corporate Client Group, Shri Shailesh Unnithan- CGM PF & SSBU, Shri Vaka Srinivasulu Reddy – General Manager – CCG Regional Office East, Shri. Mohan K V – Deputy General Manager CCG Branch Kolkata, Smt. Annwesha Banerjee – Relationship Manager from SBI.
