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Damodar Valley Corporation
Multipurpose river valley project in India
Damodar Valley Corporation
Damodar Valley Corporation (DVC) is a statutory corporation 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. Astrophysicist Meghnad Saha played a pioneering role in conceptualizing and advocating for the Damodar Valley Project. DVC 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, West Bengal, India. DVC is currently undergoing corporatization and restructuring to explore the possibility of an IPO to raise funds for expansion.
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