DVC-SAIL joint venture to set up 500-MW power plant.

(From Business Line)

from BUSINESS LINE, August 12, 2006 Kolkata, Aug. 11 - After the National Thermal Power Corporation (NTPC)-Steel Authority of India Ltd (SAIL) joint venture power outfit, it is now the turn of the Damodar Valley Corporation (DVC)-SAIL joint venture company to increase 500 MW capacity through a greenfield project

Informed sources said that the board of directors of Bokaro Power Supply Company Pvt Ltd, the 50:50 joint venture between SAIL and DVC, has already approved the project

The proposal would now be placed before the respective boards of the two joint venture partners for formal clearance

This is expected by the end …