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Damodar Valley Corporation logo — Powering India Empowering the Valley

Damodar Valley Corporation

Powering India Empowering the Valley

Founded 1948 97 employees Debt Financing Total: $45.28B Government and Military, Maintenance

General Information

Company Name Damodar Valley Corporation
Founded Year 1948
Employees 97
Industries Government and Military, Maintenance
Funding Stage Debt Financing
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About Damodar Valley Corporation

Damodar Valley Corporation (DVC) is the first multipurpose river valley project in independent India. Established in 1948, DVC is engaged in power generation, transmission, distribution, water resources management, and socio-economic development. Its slogan "Powering India Empowering the Valley" reflects its commitment to holistic development. With a current capacity of about 7000 MW, DVC is now prioritizing renewable energy to achieve NET ZERO emissions. Owned by the governments of Jharkhand, West Bengal, and India, DVC operates under the administrative control of the Ministry of Power, Government of India. The recent INR45.28B debt financing investment on 25 August 2023 from Power Finance Corporation Ltd. underscores investor confidence in the corporation’s mission and potential. DVC's diverse portfolio spanning power, water management, and socio-economic development aligns with the evolving global emphasis on sustainability and renewable energy. This, coupled with its strategic government partnerships, positions DVC as a significant player in the region’s energy landscape, with ample potential for further growth and impact.

Taxonomy: River Valley Project, Power Generation, Water Resources Management, Socio-Economic Development, Government-Owned, Electricity Distribution, Hydropower, Thermal Power, Net Zero, Irrigation, Eco-Conservation, Energy Transmission, Ministry of Power, Kolkata

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1
Investor
25 Aug 2023

Damodar Valley Corporation Alternatives & Competitors

Damodar Valley Corporation vs
CENTRAL POWER RESEARCH INSTITUTE
CENTRAL POWER RESEARCH INSTITUTE

Apex body for Research , Consultancy, Testing and Certification in India

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Damodar Valley Corporation vs
National Power Training Institute, Bangalore
National Power Training Institute, Bangalore India

Power System Training Institute under Ministry of Power, Government of India

59 employees
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Compare Damodar Valley Corporation vs National Power Training Institute, Bangalore
Damodar Valley Corporation vs
Grid Controller of India Limited
Grid Controller of India Limited India

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FAQ About Damodar Valley Corporation

Powering India Empowering the Valley
Damodar Valley Corporation was founded in 1948.
Damodar Valley Corporation operates in the following industries: Government and Military, Maintenance.
Damodar Valley Corporation has approximately 97 employees.
Damodar Valley Corporation has completed 1 funding round, raising a total of $45.28B. The latest funding stage is Debt Financing.
Top alternatives and competitors to Damodar Valley Corporation include CENTRAL POWER RESEARCH INSTITUTE, National Power Training Institute, Bangalore, Grid Controller of India Limited, ONGC Tripura Power Company Ltd, Renxsol Ecotech. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Damodar Valley Corporation and CENTRAL POWER RESEARCH INSTITUTE are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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