DVC Signs Long-Term Agreement to Supply 300 MW Power to Karnataka DISCOMs

New Delhi: In a major step towards strengthening inter-state power cooperation, Damodar Valley Corporation (DVC) has signed a long-term Power Purchase Agreement (PPA) to supply 300 MW of round-the-clock thermal power to Karnataka’s five electricity distribution companies (DISCOMs). The agreement was signed today at the headquarters of the Power Company of Karnataka Limited (PCKL) in Bengaluru.

The power will be sourced from DVC’s upcoming Koderma Thermal Power Station Phase-II (2x800 MW). This new agreement adds to the existing 450 MW RTC power that Karnataka DISCOMs already receive from DVC.

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Senior officials from DVC, PCKL, and the five DISCOMs — BESCOM, HESCOM, MESCOM, GESCOM, and CESC — attended the signing ceremony. The collaboration was facilitated by the Ministry of Power, Government of India, and reflects DVC’s commitment to supporting Karnataka’s growing energy needs with reliable and affordable thermal power.

Shri Arup Sarkar, Member (Finance), DVC, stated, “We are proud to deepen our partnership with Karnataka. This agreement highlights DVC’s capability to deliver dependable power beyond its core region and reinforces our commitment to sustainable energy solutions across India.”

Shri Lokhande Snehal Sudhakar, IAS, Managing Director, PCKL, added, “We are pleased to extend our collaboration with DVC. This agreement ensures a consistent power supply at competitive rates and strengthens our energy portfolio.”

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Key DVC officials present at the event included Sanjiv Shrivastava, Executive Director (Commercial), Samit Mandal, Sr GM (Commercial), and Prasenjit Mandal, DGM (Commercial), along with senior representatives from PCKL and the participating DISCOMs.

The construction work for DVC’s upcoming Raghunathpur Thermal Power Station (RTPS) Phase-II and Koderma Thermal Power Station (KTPS) Phase-II has already commenced. With this agreement, DVC has successfully completed the signing of PPAs for all three of its upcoming projects, totalling 3720 MW of new generation capacity.

This partnership not only highlights DVC’s expanding role in the national power sector but also strengthens collaboration between states in the energy sector.

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