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INDIA POWER CORPORATION BODHGAYA LIMITED

Last Updated on ' Mon Dec 21 00:00:00 IST 2020 '
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Description
India Power Corporation Limited IPCL, formerly known as DPSC Limited and incorporated in 1919, is one of the leading power generation and utility companies in India. An ISO 9001 2015 entity, it has actively forayed into a diversified portfolio, with renewable and conventional modes of power generation, distribution & power trading. Having a diversified portfolio of conventional and renewable modes of power generation, multi location distribution, operation & maintenance and logistic outfits, it is our constant endeavor to grow the scale and scope of our operations in the energy sector. We are constantly seeking synergic opportunities in the power generation and distribution space to enhance our presence organically and inorganically. As a Distribution Company, IPCL flies high in its licensed area of 618 sq km in the Asansol Raniganj belt of West Bengal. The distribution network is overhead and the current T&D loss is below 3, lower than the industry average of approximately 25. Another significant feather in IPCLs cap was the successful connectivity to West Bengal State Electricity Distribution Company Limited through the commissioning of the 220 kV J.K. Nagar Substation. Purchasing of power is done daily through Indian Energy Exchange IEX, which steadily reduces our cumulative power purchase cost. In a first for an Indian distribution franchisee, India Power has entered into a partnership with the US Trade & Development Agency. Their agreement, announced during the US India Strategic & Commercial Dialogue, will help implement Smart Gird Technology in India Powers distribution network, boosting efficiency and reliability, while minimizing wastage. Technically, IPCL has hit several milestones in smart grid operations and smart meter incorporation. The smart grid, which uses information and communication technology to gather data about the behavior of suppliers and consumers to improve the efficiency of production and distribution, also allows us to identify and correct supply/demand imbalances instantaneously and detect faults through a self healing process.
Sector
Electricity Generation
Sub Sector
Electricity Distribution
Company Type
Unlisted
Type
Service
Employees
501-1,000 employees
Register Address
PLOT X 1, 2&3, BLOCK-EP, SECTOR-V SALT LAKE KOLKATA Kolkata WB 700091 IN
Website
https://www.indiapower.com/
Key Products/Services
Power Generation, Power Distribution, Power Trading, Renewable Energy, and Sustainable Energy
Key Resources/Assets
HeadquartersKolkata, West Bengal
Stressed Asset Details Expand All 
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USD 0
Stressed Asset Related Documents
2020-05-29-125403-5c03s-f8b79831be9736459edf3f91c1ff2a05.pdf
4c8635224534a1dc838f6cdc5879475a.pdf
Financial Information Documents
No Document found
Financial Details are not available.
Stressed Assets Timeline Mon May 25 00:00:00 IST 2020
Defined Date Without Date

Commencement of CIRP

Mon May 25 00:00:00 IST 2020Mon May 25 00:00:00 IST 2020
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Public Announcement by Resolution Professional

Wed May 27 00:00:00 IST 2020Wed May 27 00:00:00 IST 2020
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Claim submission

Mon Jun 08 00:00:00 IST 2020Mon Jun 08 00:00:00 IST 2020
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Invitation for Expression of Interest

Sat Aug 08 00:00:00 IST 2020Sat Aug 08 00:00:00 IST 2020
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Submission of Expression of Interest

Sat Aug 22 00:00:00 IST 2020Sat Aug 22 00:00:00 IST 2020
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Submission of Resolution Plan

Sun Sep 06 00:00:00 IST 2020Sun Sep 06 00:00:00 IST 2020
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Committee of Creditors Approval

Tue Oct 06 00:00:00 IST 2020Tue Oct 06 00:00:00 IST 2020
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Submission of Resolution Plan to NCLT

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Approval of Resolution Plan by NCLT

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