Satluj Jal Vidyut Nigam (SJVN) has signed a Joint Venture Agreement (JVA) with six state power generating companies belonging to West Bengal, Bihar, Uttar Pradesh, Punjab, Karnataka and Tamil Nadu for formation of a JV Company for mining coal from Deocha Pachami-Dewanganj Horisingha Coal Block located in Birbhum district of West Bengal State.
The coal mined from the block would feed to the 1320MW (2*660MW) supercritical thermal power project of SJVN Thermal located at Buxar in Bihar.
SJVN is a joint venture between the Central government and Himachal Pradesh state government. The company owns and operates India’s largest 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh.