India Power Corporation Ltd - INDIA POWER CORP Share Price

Summary

ndia Power Corporation Ltd. (IPCL), formerly known as DPSC Limited, incorporated in 1919, is set to become Indias leading power generation and utility company. The company has actively forayed into a diversified portfolio, with renewable and conventional modes of power generation, distribution & power trading.The Company also owns and operates a distribution license under DPSC Ltd. (now known as India Power) the oldest licensee in the region, spread over 618 sq.km. in the coal-rich Asansol-Raniganj belt.The Company currently has around 95.4 MW of wind assets in operation in Rajasthan, Gujrat and Karnataka, India Power has championed wind power since 2006, which it aims to increase to 500 MW by 2015.The Company has also developed a 2 MW grid connected solar power plant along with West Bengal Green Energy Development Corporation Ltd. in Asansol. It was one of the first companies to obtain a RPO certificate by installing a 2 MW grid solar PV power plant on 8.3 acres of Companys own land at Seebpore Power Station in Jamuria.It has been serving the area for nine decades providing critical survival power to the underground collieries of Eastern Coalfields Ltd., hospitals, government utilities, industrial and commercial consumers. It also has a power sourcing and supply relationship with DVC and WBSEDCL, the state utility in addition to its own... Read More