22 April 2009
In the Company Law there is a term "LIC and Damodar Valley Corporation has been brought into existence through special acts of Parlieament "-
22 April 2009
It is a public sector power generating company. It was started to tame River Damodar and its tributaries by a series of dams, followed with irrigation canal works and hydroelectric plants. Later it augmented its power generation capacity with thermal plants too.