Coal India's (CIL) arm Central Coalfields is considering a joint venture (JV) with the Jharkhand government to implement the second phase of expansion of Tenughat Thermal Power Station (TTPS) in the state.

Tenughat Vidyut Nigam (TVNL) intends to set up 2X660 MW coal fired supercritical units of extension project (Stage II) at TTPS located at Lalpania in Bokaro district of Jharkhand. CCL is interested to be the JV partner as the state government will provide for land, and CCL will make provision for coal supply.

The proposal came up for discussion between the officials of CCL and the government of Jharkhand last week. Two panels would be constituted to work out the modalities, including percentage of partnership by both entities in the JV.

The production target for the company for the current financial year is 84 million tonne. CCL produced 76.09 million tonne of coal in the last FY.