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DVC plans capex of Rs 70,000 crore by 2030 to increase power generation capacity

DVC plans capex of Rs 70,000 crore by 2030 to increase power generation capacity

Damodar Valley Corporation (DVC) has drawn up capital expenditure plans of around Rs 70,000 crore by 2030 to boost power generation capacity from 6,700 MW at present to 16,000 MW, its chairman R N Singh said on Friday. He said DVC will increase its coal-fired power generation capacity through brownfield expansion, while it also plans to invest in the renewable energy sector, Singh said.

Speaking at the Bengal Power Conclave organised by IEEMA here, Singh said "DVC will make a capital expenditure of Rs 70,000 crore in augmenting power generation capacity by 2030. The present installed capacity of 6,700 MW will go up to 16,000 MW".

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