State Bank of India has sanctioned Rupee term loan facility of INR 10,050 crore to Damodar Valley Corporation for implementation of 800*2 MW ultra super critical thermal power project at Koderma, Jharkhand. The project, with a total capacity of 1600 MW, has been identified by the Ministry of Power as one of the projects for capacity addition by 2030, and is a significant initiative aimed at boosting power generation capacity in the region and promoting integrated socio-economic development of the area. DVC already operates a 500*2 MW thermal power plant in Koderma. 

Dentons Link Legal acted as lenders legal counsel in relation to the deal. The transaction team consisted of Nidhi Pathania (Partner), Akansha Lulla and Rohit Guru (Associates).

The matter has been widely covered in the media:

• The Economic Times
• ET BFSI
• The Hindu Business Line
• The Print
• ET Government
• Construction World
• IIFL Securities
• CNBC TV18
• X(Formerly "Twitter
• PTI News
• Rediff
• ANI News
• Sarkaritel
• Devdiscourse
• Chambers and Partners

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