The Growth Programme
1. Capacity Addition:
Following the Ministry of Power,Govt of India VISION of ‘POWER FOR ALL BY 2012, DVC has been entrusted with massive capacity addition programme of 6250 MW in the XIth five year plan which includes 2500 MW to be supplied for Commonwealth Games to be held in Delhi in 2010. This apart, existing vintage units of DVC completing their design life required bringing in new units to survive in the regulatory environment and to cater to the exponential demand rising in the Damodar Valley serving the most remote and needy districts in Jharkhand and West Bengal. In this course, the DVC has started construction of three Mega Greenfield Projects (3200 MW) at (i) Andal (1000 MW),West Bengal (ii)Raghunathpur (1200 MW),
2. Investment & Financing :
Such a massive capacity addition programme involves investment of around Rs 30000 Crs which is being financed partially through internal accruals of DVC and mostly by borrowings. The borrowings of more than 18000 Crs as required have mostly been arranged through PFC,REC and Banks. Participating Member Govts (Central Govt, West Bengal Govt, earlier
DVC employees irrespective of officers and staff , with limited human resource took up the challenge to achieve this feat within a tight schedule. EPC contracts for different packages had to be awarded in very short period to maintain the schedule. This was possible due to tireless work by all the honest and dedicated DVC employees. While awarding contracts, recommendation of consultants and NIT were strictly adhered & EPC contracts have been awarded in most transparent manner. In all cases, the contracts have been awarded as per the final decisions taken by DVC Board where observer from
DVC is managed by a Board called ‘Corporation’ comprising a Chairman appointed by the
1. Coal Shortage and related issues:
DVC has been suffering in recent times due to shortage of coal which is the crisis of other utilities also. Moreover, DVC regularly suffers with a problem of coal theft from the train rakes reaching DVC projects. DVC management having full cooperation from the employees deals the issue strongly with active support of Indian Railways as RPF has now been arranged by the Rail Authorities. DVC is also importing coal to combat the coal crisis. Coal
2. Vilification Exercise:
It has been observed for quite some time that various vilification exercises are being carried out against Damodar Valley Corporation (DVC) as well as its executives and management with ulterior motive of destabilising DVC by tarnishing it’s image. These concocted vilifications are not only creating constraints against ongoing construction work of DVC but also affecting employee morale. The Govt, and the public at large are being misled through incomplete information. Some vested interest group does not want that DVC shall grow and contribute immensely to the economic growth of the eastern India and they are vilifying this organization and its employees who are trying their heart and soul and working day and night to complete the mission taken by DVC for augmenting its generating capacity from 2500 MW to 10000 MW. Their sole objective is to destabilise and destroy DVC as well as to retard the growth of eastern
3. The impending sufferings
Such effort to destabilise DVC through vilification may cause sufferings for 11000 employees and 14000 pensioners in this crucial phase when it has committed huge capital expenditure worth more than Rs 30000 Crs with borrowing of more than Rs 18000 crs for the capacity addition programme.
The Voice Within
1. Protest & Appeal:
DVC Officers Forum joining hands with DVC Employees and their Unions alongwith DVC Pensioners Federation irrespective of caste, creed, colour carrying the voice of 11000 employees, 14000 pensioners and their families strongly condemn such vilification exercise to deprive DVC of a stable management and make it a playing ground for groups who ultimately want to break DVC in parts.
We also appeal before all the Participating Member Govts i.e. Central Govt, West Bengal Govt and Jharkhand Govt to set up enquiry into this deliberate and motivated vilification exercise to unveil the dark faces and take appropriate actions for playing with the fate of 11000 employees, 14000 pensioners and their families involving 300000 people at large.
We also pledge our best effort to ensure timely commissioning of the construction projects with due support of Govts, Agencies carrying out the construction work and the Management. We also want to place that we will stall every effort to destabilize DVC by any forces in whatsoever manner and never allow to break DVC in parts . We also appeal to the DVC Management to continue in not bowing down to any unjustified demands of any interest groups.
2. The Road Ahead :
DVC is an unique Organisation having different character from all other PSUs set up in