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INDIA POWER CORPORATION BODHGAYA LIMITED

Last Updated on ' Jun 12, 2020 '
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
Energy
SubSector
Electricity T&D
Company Type
Unlisted
Type
Service
Employees
501-1,000 employees
Registered Address
PLOT X 1, 2&3, BLOCK-EP, SECTOR-V SALT LAKE KOLKATA Kolkata WB 700091 IN
Website
https://www.indiapower.com/pdf/Poster_Corona_ad_Eng.pdf,https://www.indiapower.com/pdf/Power%20Team_October_Web%20Version2018.pdf,https://www.indiapower.com/pdf/PowerTeam_July2018_08-08-18.pdf,https://www.indiapower.com/pdf/PTM%20ID%20April%2003.pdf
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
Financial Information Documents
No Document found
Financial Details are not available.
Stressed Asset Timeline
May 2020
May 25, 2020
Commencement of CIRP
May 27, 2020
Public Announcement by Resolution Professional
Jun 08, 2020
Claim submission
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Invitation for Expression of Interest
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Submission of Expression of Interest
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Submission of Resolution Plan
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Committee of Creditors Approval
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Submission of Resolution Plan to NCLT
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Approval of Resolution Plan by NCLT
Disclaimer: Timeline dates calculated based on 180 days
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