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<h1>Coal India and DVC Partner to Build 1,600 MW Ultra Supercritical Power Plant with Rs 16,500 Crore Investment in Jharkhand</h1> State-owned Coal India signed a memorandum of understanding with Damodar Valley Corporation to establish a 2x800 MW ultra supercritical power plant in Jharkhand. The brownfield project will expand an existing thermal power station with a total investment of Rs 16,500 crore. The joint venture will have equal equity sharing, with coal sourced from local subsidiary companies. The agreement also explores potential thermal and green energy project developments in the region.