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September 13,2024

SBI Approves ₹10,050 Cr Loan for DVC' 1.6 GW TPP in Jharkhand

The State Bank of India has approved a ₹10,050 crore loan for Damodar Valley Corporation's 1,600 MW Ultra Super Critical Thermal Power Project in Koderma, Jharkhand. This initiative supports India's 2030 energy capacity goals. The loan agreement was signed by senior SBI and DVC officials, marking a significant step in expanding India's power infrastructure.

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