Damodar Valley Corporation

Damodar Valley Corporation
Company typeStatutory body[1]
IndustryUtilities (Energy)
Founded7 July 1948; 76 years ago (1948-07-07)
HeadquartersKolkata, West Bengal, India
Key people
S.Suresh Kumar
(Chairman)
ProductsElectricity
ServicesElectricity generation and Transmission, distribution, production, Soil conservation Flood Moderation
RevenueIncrease26,415.72 crore (US$3.2 billion) (2024)[2]
Increase 704 crore (US$84 million) (2023)[2]
Total assetsIncrease 48,977 crore (US$5.9 billion) (2023)[2]
Total equityIncrease 12,812 crore (US$1.5 billion) (2023)[2]
Number of employees
5243 (2024)
ParentMinistry of Power
Websitedvc.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]

  1. ^ "Statutory Bodies | Government of India | Ministry of Power".
  2. ^ a b c d "DVC" (PDF).
  3. ^ "DVC". Archived from the original on 10 February 2007. Retrieved 23 October 2006.