DVC board to invest Rs 10.94 billion to develop Khagra Joydev coal block

The Damodar Valley Corporation’s (DVC) board will invest Rs 10.94 billion in developing the Khagra Joydev coal block in Birbhum, West Bengal. The coal block has a reserve capacity of 103 mt. Once developed, the block will be operational for 30 years and produce up to 3 mt of coal per year, thereby enhancing DVC’s fuel security and lowering the dependence on CIL.