05 July 2012
Damodar Valley Corporation, popularly known as DVC, came into being on July 7, 1948 by an Act of the Constituent Assembly (Act No. XIV of 1948) as the first multipurpose river valley project of independent India.
DVC Board functions under the chairmanship of Chairman, DVC with two other members, one each nominated by the governments of West Bengal and Jharkhand. The Board meetings are held at regular intervals and all major decisions of the Corporation are taken in the board meetings.