DVC secures Rs. 1,014 crore funding to develop coal mines
Mining
Mar 24,2026
Fuel security remains in focus as Damodar Valley Corporation has secured Rs. 1,014.58 crore in funding to develop four coal mines.
The investment will support captive coal production for its thermal power operations.
This move is aimed at reducing dependence on external coal supply and ensuring stable fuel availability.
The development also aligns with efforts to enhance domestic coal output. Mining operations will be scaled up in phases.
Company :
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Damodar Valley Corporation