Dams have played a key role in fostering agricultural and rural growth and development. Irrigated agriculture and hydropower development supports Govt’s strategy to enhance agricultural and rural development goals thereby ensuring food security. As the rain fall in the Damodar Valley area is mostly restricted to a four-month monsoon season, maximum storage of water in a safe manner is vital. As creating new reservoir capacity is very challenging job under present scenario, the maintenance of already created reservoirs assumes great importance for optimum management of water resources. Hence it is essential to keep them in sound condition. With passage of time, dams are facing structural degradation which is needed to be rectified. The Ministry of Water Resources, Govt of India has taken initiatives for rehabilitation of such Dams which are more than 25 years old under the aegis of Central water Commission with World Bank funding under the programme Dam Rehabilitation and Improvement Project (DRIP). DVC has requested CWC for including Konar, Maithon and Panchet Dams under this schemes. Konar dam has already been included under this scheme and regarding Maithon & Panchet Dams, the proposal is under consideration of CWC and World Bank.