DVC achieves ground-breaking milestones in FY 2023-24

New Delhi: Damdor Valley Corporation, a leading integrated power utility celebrates and announces another year of remarkable and outstanding performance in FY 2023-24. DVC has achieved the highest cumulative generation in its 75-year history, by registering 44314.6 MU in FY 23-24, which includes 44125.5 MU of thermal, 180 MU of hydel and 9.1 MU of solar generation. 

HIGHLIGHTS : 

~ DVC achieved highest thermal generation at 76.81% PLF in FY 23-24 which is the highest in last ten years and well ahead of the national PLF of 68%. 

~ Most of the plants of DVC have run at more than 80% PLF in FY 2023-24. 

~ DVC has achieved coal production of 1.52 MMT in FY 2023-24 from its captive coal mines at Tubed, Latehar with 346 coal rakes despatched this year. 

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~ DVC started generating power through co-firing of biomass pellets with coal.

~ DVC installed Flue Gas Desulphurization (FGD) system in its various plants. 

~ FGD system was commissioned in MTPS Unit #7 and is in service since January’24 making it the first plant in Eastern Region to have both FGD and De-Nox systems running.

~ DVC utilized 108.26 % of ash generated from coal based thermal plants.

~ The Billing & Cumulative Collection of DVC’s power sale revenue in FY 23-24 marked a significant improvement by a rise of 3.12% and 9.5% respectively (provisional) over the last financial year. 

~ In the face of massive expansion plans, DVC undertook a year-long recruitment drive in FY 23-24, boosting its manpower by 7.5%. 

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The outstanding performance of DVC has been recognized through various awards and accolades conferred during FY 2023-24 as follows:
 
“ Best Plant Load Factor of the Year” awarded to DSTPS in CEE 3rd National Energy Efficiency Awards 2023.

“ National Energy Efficient Plant of the Year” awarded to MTPS in CEE 3rd National Energy Efficiency Awards 2023.

“ Best National Ash Handling Plant of the Year Award” awarded to DSTPS in CEE 2nd National Power – Gen Water Awards 2024.

 “ Best National Water Efficient Unit : above 500 MW category“ awarded to RTPS in CEE 2nd National Power – Gen Water Awards 2024.

DVC envisages to implement significant capacity addition in both thermal and renewable sectors in the coming years.

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