Kolkata, Jun 17 (UNI) In order to achieve sustained performance at par with world class utilities, Damodar Valley Corporation (DVC) is establishing a state-of-the-art R&D centre here in association with IIT, Kharagpur.
This was announced here today by DVC Chairman Asim Burman while briefing on the performance of the company during the last fiscal.
Mr Burman said the R&D Centre will provide innovative engineering solutions to the problems of power plants and T&D system through in-depth study and analysis of not only DVC, but to other utilities in the country.
He said the total income of the company for 2007-08 touched Rs 4953 crores, while the profit after tax touched Rs 1126 crores.
He also informed that DVC has adopted three ITIs-Chhatna in Bankura, Raghunathpur in Purulia and Durgapur in Burdwan district for uplift of infrastructure facility with an estimated cost of Rs 12 crores.
Referring to extension of the company's service to other states, Mr Burman said DVC will set up two ITIs at Chas and Hazaribagh in Jharkhand with an estimated cost of Rs nine crores.
''Socio-economic developments under Social Integration Programme (SIP) of DVC is carried out with the objective to uplift the overall social and economic conditions of the communities and also to supplement various developmental programmes of state governments,'' Mr Burman observed.
Mr Burman said Damodar Valley Tourism Development Private Limited (DVTDPL) with IL&FS Infrastructure Development Corporation Limited is developing tourism and tourism related infrastructures in DVC Command area.
He said DVC has identified six sites for undertaking tourism projects namely Maithon, Panchet, Tilaiya, Hazaribagh, Konar and Rajrappa.
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