 |
 | |
| Company type | Statutory body[1] |
|---|---|
| Industry | Energy |
| Founded | 7 July 1948 |
| Headquarters | Kolkata, West Bengal, India |
Key people | S. Suresh Kumar (Chairman) |
| Products | Electricity |
| Services | Electricity generation and Transmission, distribution, production, Soil conservation Flood Moderation |
| Revenue |  ₹26,415.72 crore (US$3.2 billion) (2024)[2] |
| ₹704 crore (US$84 million) (2023)[2] | |
| Total assets | ₹48,977 crore (US$5.9 billion) (2023)[2] |
| Total equity | ₹12,812 crore (US$1.5 billion) (2023)[2] |
Number of employees | 5243 (2024) |
| Parent | Ministry of Power, Government of India |
| Website | dvc.gov.in |
Damodar Valley Corporation (DVC) is a statutory body which operates in the Damodar River area of West Bengal and Jharkhand states of India to handle the Damodar Valley Project, the first multipurpose river valley project of independent India. Indian Astrophysicist Meghnad Saha, the former chief architect of river planning in India, prepared the original plan for the Damodar Valley Project. It operates both thermal power stations and hydel power stations under the ownership of Ministry of Power, Government of India. DVC is headquartered in the Kolkata city of West Bengal, India.[3]
DVC is currently undergoing corporatization and restructuring to explore the possibility of an IPO to raise funds for expansion.[4]
- ^ "Statutory Bodies | Government of India | Ministry of Power".
- ^ a b c d "DVC" (PDF).
- ^ "DVC". Archived from the original on 10 February 2007. Retrieved 23 October 2006.
- ^ https://www.business-standard.com/companies/news/dvc-to-be-corporatised-divided-into-3-entities-keeping-ownership-intact-124071700667_1.html