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Govt invokes guarantee for coal block allotted to DVC, TVNL

Last Updated: Friday, March 21, 2014, 19:29

The government on Friday invoked a Rs 15.18 crore bank guarantee given by Tenughat Vidyut Nigam Ltd (TVNL) for failing to develop a coal mine in Jharkhand jointly with Damodar Valley Corporation (DVC).

SC asks BSES firms to respond to DVC plea on payment of dues

Last Updated: Monday, February 24, 2014, 23:36

Supreme Court sought responses from BSES Yamuna Ltd and BSES Rajdhani Ltd on allegation by Damodar Valley Corporation that the two distribution firms have not complied with order, or paid their dues.

3 DVC personnel injured in stone-pelting in WB

Last Updated: Tuesday, December 31, 2013, 00:12

Three personnel of the Damodar Valley Corporation were injured when a group allegedly pelted stones at them near a plant at Raghunathpur in Purulia district on Monday afternoon.

Mamata blames Jharkhand govt and DVC, seeks PM`s intervention

Last Updated: Wednesday, October 16, 2013, 20:48

Chief Minister Mamata Banerjee today blamed the release of water from reservoirs in Jharkhand by the Damodar Valley Corporation for floods in a number of south Bengal districts.

DVC plans acquisition, IPO, to pump Rs 3000cr on distribution

Last Updated: Friday, September 27, 2013, 20:56

Damodar Valley Corporation (DVC) has sought an assistance of Rs 9,000 crore from the World Bank to give shape to its ambitious plans, including low-tension distribution network in Jharkhand.

Confident of Rs 6,000 cr financial closure by July: DVC

Last Updated: Sunday, June 30, 2013, 17:57

"We expect to sign the financial closure of Rs 6,000 crore Raghunathpur TPP stage II by July," DVC Chairman R N Sen told reporters here in an interaction over the weekend.

Coal Ministry may soon return forfeited mines of DVC, JSEB

Last Updated: Friday, February 01, 2013, 14:26

The government which revoked the mining licences of two coal blocks of Damodar Valley Corporation (DVC) and Jharkhand State Electricity Board (JSEB) is likely to return the mines to both the PSUs soon.

State Bank Group to give Rs 2400cr loan to Damodar Valley Corp

Last Updated: Thursday, May 17, 2012, 21:12

State Bank of India (SBI) on Thursday said it, along with its associates, will provide a loan of Rs 2,400 crore to state-owned to Damodar Valley Corporation (DVC) for setting up 500 MW power project in Jharkhand.

Pay dues to DVC as adhoc arrangement: SC tells BSES

Last Updated: Thursday, October 20, 2011, 19:53

The Supreme Court on Thursday directed the two main power distribution companies BSES Rajdhani Power Ltd (BPRL) and BSES Yamuna Power Ltd (BYPL) in the national capital to pay Rs 45 crore out of Rs 141.24 crore arrears due to Damodar Valley Corporation (DVC) towards power generation as an adhoc arrangement by November-end.