-
Company Profile
-
Our Vision & Mission
-
Leadership
-
Awards & Recognition
-
Milestone
-
Privacy Policy
-
Policies
Edit
India Power At A Glance
India Power Corporation Limited is one of the leading power utilities in India which started its journey in the year 1919. It is an integrated power utility, headquartered in Kolkata, West Bengal with a pan-India presence. At IPCL, we enrich lives through promoting and contributing to the renewable sources of energy where every living being on the planet breathes pollution free air, an environment that is free from carbon emissions. We believe in keeping abreast of the latest digital technologies in the Power sector, which could help boost efficiency and resiliency of power grids and simplify the human interference.
IPCL, an ISO 9001:2015 entity, has actively forayed into a diversified portfolio, with renewable and conventional modes of power generation & distribution and aims to match the increasing demand of power in the future. In the last few years, IPCL has ventured into generation of electricity and has a total generation capacity of around 50 MW comprising of 35.2 MW of wind assets in Gujarat and Karnataka, 2 MW solar asset in West Bengal and 12MW of coal fired thermal power plants in Asansol, West Bengal. It has a Distribution License spread across 798 sq. kms. in Asansol – Ranigunj area of West Bengal.
To improve operational efficiencies and enhance customer satisfaction, the Company has been undertaking several digitisation and grid modernization initiatives over the last few years. The Company has successfully completed initiatives such as SCADA, IoT & Smart Metering based Distribution Transformers and Power Transformers monitoring, AMR / Prepaid enabled meters, 24×7 call centre and data analytics, 24×7 online, online prepaid recharge facilities for almost all the customers.
With a strong expertise in Power Distribution Management and a burgeoning portfolio of power distribution, conventional & renewable energy generation, the Company has the goal of being a global power utility in the years to come.
India Power Corporation Limited, has been in the distribution business for more than a century now. It is one of the oldest, reliable, service oriented and consumer friendly utilities with a competitive pricing structure. IPCL serves various consumer segments ranging from Govt establishments, Industrial houses, Railways to Domestic Consumers spread across an area spanning 798 sq. kms. across Asansol Raniganj belt in West Bengal, India. The Company maintains one of the lowest T&D losses in the country which hovers around 3% despite its accelerated growth in LT business over the last couple of years, which is lower than the national benchmark, by continuously improving its operational efficiency. This has been achieved through a multi-pronged approach by maintaining better HT/LT ratio, HVDS layouts, multiple power sourcing points, IT interventions through Supervisory Control and Data Acquisition (SCADA), Internet of Things (IoT) & Smart Metering based DT and PT monitoring, ongoing effort to digitize the consumer end-to-end, thereby operating on a near real time data to define, monitor, achieve, improve and control on the operational parameters thereby enhancing reliability and effectiveness of power supply..
Edit
Our Vision
- A leading and reliable end-to-end energy solutions provider
Our Mission
- To empower industries and millions of humans by being the lowest cost, most reliable and environmentally sound conventional and non-conventional energy provider
- To provide employees a strong sense of ownership, professional respect and pride resulting in high morale and performance
- To increase stakeholder value through growth and profitability
Corporate Philosophy
VALUES
- Performance – target oriented
- Imagination and resourcefulness
- Support for employee empowerment
- Integrity, ownership & sense of belongingness
CULTURE
A unique culture comprising three ‘D’s:
- Discipline
- Dedication
- Devotion
FOCUS AREAS
Together, we will achieve our vision by consistently growing through:
- Competitiveness and cost efficiency
- Constant search for opportunities
- Complementary strategic alliances
- Competency enhancement
- Customer orientation
Edit
Leadership
Edit
Board of Directors

Mr. Amit Kiran Deb
Independent Director & Chairman

Mr. Tantra Narayan Thakur
Independent Director

Ms. Dipali Khanna
Independent Director

Mr. Anil Kumar Jha
Independent Director

Mr. Jyoti Kumar Poddar
Non-Executive Director

Mr. Raghav Raj Kanoria
Managing Director

Mr. Somesh Dasgupta
Whole Time Director
Mr. Amit Kiran Deb
Mr. Amit Kiran Deb holds a Master’s Degree in
Political Science from Allahabad University. He
joined the Indian Administrative Service in the year
1971 and was assigned to the West Bengal cadre.
Thereafter, he served the Government in various
critical departments and portfolios, including being
the District Magistrate in Darjeeling and Midnapore, Commissioner-cum-Secretary, Education and Social Welfare Department, Government
of Tripura, Joint Secretary, Cabinet Secretariat and Joint Secretary,
Department of Electronics and had also represented Government of
India in GATT negotiations in services in Geneva. Thereafter, he had held
several key positions in Government of West Bengal like Special Secretary,
Power Department and many more.
Mr. Nand Gopal Khaitan
Mr. Nand Gopal Khaitan is an Attorney-At-Law, Advocate and Notary Public, practicing in the Hon’ble High Courts and the Hon’ble Supreme Court of India and is a Senior Partner of Khaitan & Co., one of the largest law firms in India. He was awarded Bell Chamber’s Gold Medal for standing first in all the Law Examinations. He has worked on a number of transactions including arbitration, civil and commercial litigation, competition and anti-trust law, corporate law, demergers, infrastructure projects, intellectual property, mergers and acquisitions, project finance, real estate, restructuring and taxation. As the President of Indian Council of Arbitration, Committee Member of Federation of Indian Chamber of Commerce and Industry and President of Bharat Chamber of Commerce, he regularly participates as a key speaker on subjects pertaining to different branches of law.
Mr. Tantra Narayan Thakur
Mr. Tantra Narayan Thakur has over 40 years of
experience in Power Sector, Treasury Management
& Financial Management. He is the Former
Chairman cum Managing Director of PTC India
Limited & PTC India Financial Services Limited.
He is also the Former Chairman of PTC Energy
Limited. He has been instrumental for setting up
of first Power Exchange in India. He was a Member of the Management
Board of TERI University and a Faculty of the Faculty of Management
Services of Delhi University. He was also a Member of the Advisory
Board of TERI for a number of years and was Member of the Finance
Committee of Jawahar Lal Nehru University.
Ms. Dipali Khanna
Ms. Dipali Khanna holds Masters Degree in History
from Delhi University, M.Sc. (National Security)
from National Defence College and has completed
a Certificate Course (Cost & Management
Accountancy). She is a former officer of the Indian
Railway Accounts Service and has worked as the
CEO of the Indira Gandhi National Centre of
Arts (IGNCA), New Delhi.
Prior to her joining IGNCA, she has worked
in various capacities in the realm of Finance and Administration during
her years of civil service. She also served on the Boards of four large
Public Sector Undertakings (PSUs) under the Ministry of Defence (HAL,
MDL, GRSE & GSL), two PSUs under the Ministry of Power (NEEPCO &
THDC), one PSU each under Ministry of Tourism (ITDC) and Ministry of
Information & Broadcasting (NFDC).
Mr. Anil Kumar Jha
Mr. Anil Kumar Jha a Post-Graduate Mining Engineer with Distinction from Indian School of Mines, Dhanbad (now IIT). Mr. Jha was Chairman of Coal India Ltd. (CIL) and superannuated from that position on January 31, 2020. Prior to the assumption of CIL’s apex post Mr. Jha headed, Mahanadi Coalfields Limited (MCL) since 1st November, 2015 as its CMD – the second largest coal producing company among all CIL’s subsidiaries. Under Mr. Jha’s leadership MCL’s performance took a quantum upward leap and MCL currently accounts for 25% of CIL’s overall production and around 24% of total coal supplies. Mr. Jha, is a Post Graduate (M. Tech) with Distinction in Mine Planning & Design graduated from Indian School of Mines, Dhanbad. He began his career in coal mining industry, in 1983, in Central Coalfields Limited. He had held many important assignments and senior positions in CCL including that as General Manager, Argada Area. Mr. Jha had a 14-year stint in Central Mine Planning & Design Institute (CMPDI) – the Ranchi based consultancy arm of CIL – planning opencast and underground mines. Mr. Jha has over three decades of experience under his belt in mine planning, production, management supervision, direction and control of underground as well as open cast coal mines. For a while he worked as Director (P&P) in MOIL Limited where he was the Nominated Owner and Head of Production, Planning, Projects, Quality Control and Mine Safety Divisions and other allied departments including Personnel and Industrial Relations. Mr. Anil Kumar Jha is the recipient of ‘Best Chief Executive’ Award conferred by GeoMine Tech for outstanding performance of MCL during 2017-18. He has presented many technical papers in national and international seminars and workshops. He is immediate past President of MGMI a 113-year old Institute dedicated to promoting the scientific study of mining and mineral industries of the country.
Mr. Jyoti Kumar Poddar
Mr. Jyoti Kumar Poddar has rich experience as an industrialist with interests in multifarious sectors like tea gardens, real estate and power. He has handled the entire Indian & Sri Lankan operations in solar business for Shell Solar Limited, Netherlands and is actively involved towards contributing to the green energy mission of the country by way of setting up solar photovoltaic cell manufacturing unit and other power projects in India.
Mr. Raghav Raj Kanoria
Mr. Raghav Raj Kanoria has eight years of experience in power and financial services sector. He is presently the Chairman of Infrastructure Committee of Indian Chamber of Commerce, Chairperson of East & North East Regional Council of The Indo-Canadian Business Chamber, Member of Task Force – Electricity Distribution, Government of Rajasthan and Managing Committee Member of Bengal Chamber of Commerce.
Ms. Somesh Dasgupta
Mr.Somesh Dasgupta, an energy sector specialist has over three decades of experience
in the Power & Utility sector. He is currently the Whole-time Director & The Corporate
Compliance Responsibility Officer at India Power Corporation Limited, one of the leading
Power Utilities in the country. He oversees the company’s strategic functions like
Government Relations,Corporate Affairs, Public Relations & Branding, Business
Development, Industrial Relations & Corporate Administration.
Mr.Dasgupta presently is holding the position of the Chairman of Energy & Power
Committee of Assocham Regional Council and the Chairperson of the Bengal Chamber
of Commerce & Industries – People Management Committee. He is a member of the
Board of APFHRM.He is also a distinguished Member of West Bengal Labour Welfare
Board and a Member of the Governing body of the West Bengal State Productivity
Council. He is in the Executive Committee of Employers’ Federation of India and is a
Member of the Central Board of Workers Education, Govt. of India.He is also the
Employer’s representatives of Regional Committee of Employees Provident Fund ,WB.
Mr. Dasgupta is a Graduate in Mechanical Engineering and a Post Graduate in Human
Resource Management and holds a Certification in Total Quality Management from
BITS, Sweden.
Somesh Dasgupta
Whole-time Director
India Power Corporation Limited
Plot No.X-1,2&3
Block-EP,Sector-V
Salt Lake City
Kolkata- 700091
Tel:91(33)6609 4305(D)
Fax :6609-4305
Mobile No:98310 54524 ,Email id:somesh.dasgupta@indiapower.com
Edit
Leadership Team

Mr. Sanjeev Sinha
President, IT and Digitalization

Mr. Prashant Choudhury
President, Business Development & Strategy

Mr. Pramod Kumar Singh
President, Regulatory & Commercial

Mr. Prashant Kapoor
Senior Vice President, Company Secretary & Compliance Officer

Mr.Prakash Chandra Panda
Senior Vice President, Human Resource

Mr. Amit Poddar
Vice President, Chief Financial Officer

Mr. Argha Ghosh
Vice President, Risk & Audit
Mr. Asok Kumar Goswami
Mr. Asok Kumar Goswami has more than 40 years of working experience in India and Abroad. He has worked as Executive Director and Vice President in Indian and multinational companies. He has earlier worked as Commissioned Officer in Indian Air Force. He has attended Technical and Management course at Air Force Technical College at Bangalore and Commanders Course at Air Force Administrative College at Coimbatore.
Prashant Kapoor
Mr. Prashant Kapoor comes with vast and rich experience of over 17 years and his core competencies are in the area of compliance of Listing Agreements of the Stock Exchanges, Corporate Governance, Meetings of Board & its Committees, preparation for IPO etc. He also has legal experience in Joint Venture Agreements, Sale Deeds, SLAs, Master Service Agreement with Governments, MOUs with Banks, Credit Appraisal and several other matters.
He is heading the Secretarial Department of the Company. Earlier he was associated with Sahaj e- Village Limited, Balmer Lawrie & Company Ltd, Indian Marine Freight Container Manufacturing Limited and Balmer Lawrie Investments Limited etc. Immediately prior to joining the Company, he was with BMA Wealth Creators Limited.
Mr. Prashant Kapoor is a professionally qualified C.S. and B.Com(Hons)
Mr. Amit Poddar
Mr. Amit Poddar is a qualified Chartered Accountant and Company Secretary, having 18 years of experience. He has proven expertise in the areas of Accounting, Audit, Taxation, Handling of Mergers, Acquisitions, Business Restructuring, Revenue Accounting, Budget & Profitability Planning. Prior to joining the Company in the year 2012 he has worked with renowned companies like Raymond Limited, Whirlpool, Tata Teleservices Ltd.
Argha Ghosh
Mr. Argha Ghosh is a risk and audit specialist with twenty two years of post qualification experience. He has worked on Risks and Control Assurance, Internal Audits, Compliance Audits, Management Audits, SOX Compliance and Business Process Reviews across industries.
He has spent fifteen years of his professional career with the Big Four firm PricewaterhouseCoopers (PwC), including six years at their West London office of Uxbridge. Before joining India Power, he was working with GMR Group at Bangalore. He has also worked with SIFY Ltd., ITC Ltd. and Ernst & Young (E&Y) in India.
He is a Chartered Accountant (ACA) and Cost Accountant (CMA) from India and is a Certified Information Systems Auditor (CISA) from Illinois (USA).
Sanjeev Sinha
Mr. Sanjeev Sinha is President – IT & Digitalization at India Power Corporation Ltd and
leads all digital initiatives of the company. He is a graduate from IIT Kharagpur and an
MBA from Georgia State University USA. He also completed MDP in project
management at IIM Calcutta.
During his 33 year experience, he has worked in several industries in India and US. He
has been winner of top 100 Eminent CIO of India during 2019-2022. He was also
awarded Man of Excellence Award 2022 by Indian Achiever’s Forum. He was also a
winner of CIO Crown 2022 awarded by Center of Recognition and Excellence. He writes
for several technical magazines in India and his articles have been well accepted by the
industries. He also speaks at various national and regional forums.
Mr. Sinha is also a member of IT Committee of Bengal Chamber of Commerce &
Industry, Governing Council at two leading Business Schools and Council member of
CIO Klub (Kolkata Chapter).
Mr. Prashant Kumar Choudhary
Mr. Prashant Kumar Choudhary, has 26 years of diversified experiences in the power sector especially in Business Transformation, Change Management, Financial Re-engineering, Regulatory Affairs, Disaster Management, Project Management. He holds masters in Commerce, Business administration, and CMA from Institute of Cost and Management Accountants of India.
Before joining India Power, he served as Managing Director, Southern Electricity Supply Company of Odisha, a PPP and JV company between Reliance Infrastructure and Govt. of Odisha. He has also served the Essel Group as Vice President, Business Development in PPP route.
Mr. Pramod Singh
Mr. Pramod Singh, is presently heading the Regulatory & Commercial of the Company. With post-qualification experience of more than 28 years of extensive experience in power & infrastructure sector across the breadth of responsibilities in corporate strategy, business development, policy & regulatory affairs, power sales and techno-commercial management,.
He has a Bachelor of Engineering degree from NIT Rourkela and a Full time Post Graduate Program in Management from IMI, Delhi
In the past, he has worked in two of the largest private sector power companies in India (i.e. Tata Power & BSES (now Reliance Infrastructure)) and has been extensively involved with the Power sector reforms and Private sector participation covering various segments of the sector including Power Generation and Distribution. He was associated with various opportunities for development of new generation projects and working in power distribution businesses. He was associated with the privatization scheme of Delhi Distribution (DVB) right from its inception including the bidding and transactional management in his earlier assignment with BSES
Mr. Prakash Chandra Panda
Mr. Prakash Chandra panda is an MBA (1990) and LLB (1993) from Utkal University, Bhubaneswar with a one year Special Management Program from Indian Institute of Management, Calcutta (2006-07) .Heis a trained Six sigma Black belt from GE&Bhartiin 2003. He has also done Strategic Leadership Development program from Indian Institute of Management, Bangalore in 2012.
In over 30 years of rich corporate experience in the entire gamut of HR,Quality,IR &Administration he has been associated with large Companies in Telecom, Retail & Manufacturing sectors ,has been associated with BhartiAirtel, Reliance Communications, Pantaloons Retail (I) Ltd, Essar Group (The Mobile Stores), Reliance Retail Ltd, Indian Aluminium Ltd (INDAL), J K Synthetics Ltd .
Mr. Subir Das
Mr Das, BE( Electrical Engineering) with 33 years of working experience in Power System construction, planning, loss control and operational management etc. During his power system management carrier hehas worked in various capacities right from Trainee engineer to SBU Head for power distribution system operational system catering more than 2.5 million electricity consumers at different voltage level in Kolkata and Howrah urban and adjoining rural areas as a team member of CESC Limited. He also worked with Torrent Power at Agra DF area as Zonal Distribution Head over all revenue protection system operational Head.
Mr. Amitabha Saha
Mr. Amitabha Saha, has diversified functional experience in Sales and Marketing & specialises in Product designing and pricing.
He hails from an educational background of Earth Sciences and has worked with Nestle India Ltd, Virgin Mobile, Tata Teleservice and Reliance before joining us at India Power
Edit
Awards & Recognition
India Power has won the Silver prize at the 3rd Green Urja and Energy Efficiency Awards under the category of Top DISCOM-RE & EE (Public & Private)
AWARDS 2012-2015
AWARDS & CERTIFICATES
HR Excellence
India Power HR Team was recognized as an achiever in the prestigious 10th CII National HR Excellence Award Confluence 2019-20. We have proved our mettle by being acknowledged as “Strong Commitment to HR Excellence”
IPCL has been adjudged as runners up of the ‘NIPM National Award for HR Best Practices – 2017’
and winner of the ‘NIPM National Award for HR Best Practices – 2018’
Edit
-
1919
Incorporation of Dishergarh Power Supply Company Limited primarily to supply power to the collieries of Bengal Coal Company Limited (the then largest producer of coal in Asia), to the railways, industries and townships in the Asansol-Raniganj areas.
01
-
1932
Awarded Distribution License for distribution of electric energy in the Asansol-Raniganj belt.
02
-
2003
The name of Dishergarh Power Supply Company Limited changed to DPSC Limited.
03
-
2006
Commissioned 10.4 MW Wind Power Plant in Karnataka, India.
04
-
2007
Commissioned 24.8 MW Wind Power Plant in Gujrat, India.
05
-
2008
Developed a 2 MW Solar Plant at Seebpore in association with West Bengal Green Energy Development Corporation Limited (WBGEDCL) which was the first-of-its-kind grid-connected solar plant in Asia.
06
-
2013
Erstwhile IPCL merged with DPSC and the name of DPSC changed to India Power Corporation Limited (IPCL).
07
-
2016
IPCL formed a Joint Venture, India Uniper Power Service Private Limited, with Uniper Kraftwerk Gmbh, to provide operation and maintenance services to power plants in India.
08
-
2014
IPCL through its wholly-owned subsidiary, India Power Corporation (Bodhgaya) Limited started distribution in Gaya, Bodhgaya, Manpur and adjoining areas in the state of Bihar as a distribution franchisee.
09
-
2015
IPCL Power Trading Private Limited, a subsidiary of IPCL, obtained category-III inter-state trading license, by which it can trade electricity up to 620 MU per annum across India. Incorporated India Power Green Utility Private Limited (IPGUTL) to build a sizeable portfolio of green energy.
10
-
2016
IPCL formed a Joint Venture, India Uniper Power Service Private Limited, with Uniper Kraftwerk Gmbh, to provide operation and maintenance services to power plants in India. Acquired Meenakshi Energy Private Limited (now known as Meenakshi Energy Limited) having a capacity of 1,000 MW Port-based thermal power plant in Nellore, Andhra Pradesh.
11
-
2017
IPGUPL co-developed and implemented 36 MW solar power project in Uttarakhand. IPCL partnered with Andamax Gmbh through a joint venture with Matsya Shipping and Ports Private Limited to provide port and logistics service. 300MW Thermal Power Plant in Haldia Commission.
12
-
2019
TURNS 100!
09
-
2020
Completion of 132KV Distribution Project to supply Traction Power to Eastern Railway at Pandabeshwar, Paschim Burdwan, as the first private utility in West Bengal.
10
Edit
Privacy Policy
INDIA POWER is sensitive to privacy issues on the Internet. We believe it is important you know how We treat the information that we receive from you on the Internet.
In general, you can visit INDIA POWER on the World Wide Web without telling us who you are or revealing any information about yourself. Our Web servers collect the domain names, not the e-mail addresses, of visitors. This information is aggregated to measure the number of visits, average time spent on the site, pages viewed, etc. INDIA POWER uses this information to measure the use of our site and to improve the content of our site. Your accessing our site signifies your unconditional consent to allow the collection of your domain names.
There are times, however, when we may need information from you, such as your name and address. When information is needed, we will try (but are not obligated) to let you know at the time of collection, how we will use the personal information. Usually, the personal information we collect is used only by us to respond to your inquiry, process an order or allow you to access specific account information. Occasionally, we may make the e-mail addresses, of those who provide information, available to other reputable organisations whose products or services we think you may find interesting. In these cases, you will be offered an opportunity to limit access to your information. In case we do not receive any response from you to limit the access of your information, it shall be deemed that you consent to such distribution of your information as mentioned above.
If you register with one of INDIA POWER’s website, they may use this information to provide you with customer information about INDIA POWER’s offering in support of your needs. A technology called cookies may be used to provide you with tailored information. A cookie is a tiny element of data that a web site can send to your browser, which may then be stored on your hard drive so we can recognise you when you return. You may set your browser to notify you when you receive a cookie. Registering with any INDIA POWER website online signifies your unconditional consent to receive such cookies.
At times we conduct on-line surveys to better understand the needs and profile of our visitors. When we conduct a survey, we will try (but are not obligated) to let you know how we will use the information at the time we collect information from you on the Internet.
You recognise and understand that there is no compulsion on you to provide us with your personal information and any and all personal information provided by you to us is with your full consent, own wish and desire to provide such personal information. You also understand that we are under no obligation to verify the source from which the personal information about you is provided to us, and they are deemed to be provided by you, unless you demonstrate to us within a period of fifteen (15) days from the date of providing of such information to us, to our satisfaction, that the information was provided to us without your free consent.
Edit
Policies
India Power Corporation Limited (IPCL) engaged in Generation, Transmission and Distribution of quality Power to our esteemed consumers, will strive for continuous improvement in our occupational, health and safety performance by ensuring the health and safety of all our employees directly or indirectly engaged in our workplace and protecting the environment. India Power Corporation is committed to:
- Ensure a clean, green and safe working environment.
- Maintaining Zero accidents, preventing hazards, minimizing risk in all our activities.
- Periodically monitoring the occupational health parameters of our employees
- Operate and maintain its facilities as per the best practices available to ensure safety of public, employees, plant and equipment.
- Compliance of all applicable, legal and regulatory requirements prescribed under various Act and Rules.
- Continuous monitoring and effectively manage air emission, effluents and solid waste.
- Carry out safety audits on regular basis to ensure that systems are in place, updated and followed.
- Impart training, retraining and motivate all our employees directly or indirectly engaged in our business processes and make them responsible for our EHS performance.
- Provide and maintain a safe and sustainable workplace with necessary safety measure and ensure safe working methods all the time.
- Delegates power to employees to implement the policy of the company Occupational Health and Safety.
Edit
Health & Safety Policy
India Power Corporation Limited (IPCL) engaged in Generation, Transmission and Distribution of quality Power to our esteemed consumers, will strive for continuous improvement in our occupational, health and safety performance by ensuring the health and safety of all our employees directly or indirectly engaged in our workplace and protecting the environment. India Power Corporation is committed to:
- Ensure a clean, green and safe working environment.
- Maintaining Zero accidents, preventing hazards, minimizing risk in all our activities.
- Periodically monitoring the occupational health parameters of our employees
- Operate and maintain its facilities as per the best practices available to ensure safety of public, employees, plant and equipment.
- Compliance of all applicable, legal and regulatory requirements prescribed under various Act and Rules.
- Continuous monitoring and effectively manage air emission, effluents and solid waste.
- Carry out safety audits on regular basis to ensure that systems are in place, updated and followed.
- Impart training, retraining and motivate all our employees directly or indirectly engaged in our business processes and make them responsible for our EHS performance.
- Provide and maintain a safe and sustainable workplace with necessary safety measure and ensure safe working methods all the time.
- Delegates power to employees to implement the policy of the company Occupational Health and Safety.
Approved by Asok Kumar Goswami Whole Time Director Date – 19th September 2017
Edit
Equal Opportunity Employer
Indiapower is an equal opportunities employer. We do not discriminate on grounds of age, gender, colour, race, ethnicity, language, caste, creed, economic or social status or disability. We recognize that having a workforce that broadly reflects the composition of the local communities in which we operate places us in a unique position to understand and respond to the needs of our customers. We thus use diversity as a competitive differentiator, both in employment and in customer markets.
Edit
Prevention Of Sexual Harassment
- The company has defined guidelines and a broad framework on the policy based on the Vishaka Guidelines, prohibiting sexual harassment at the workplace and providing an effective grievance redressal procedure, having provisions clearly laid down for prevention and reporting, at all levels of employment.
Edit
Anti-Bribery Policy
(1) Introduction:
Adherence to good Corporate Governance and managing its affairs in a fair, honest, ethical, transparent and legal manner is an integral part of the philosophy of India Power Corporation Ltd., (the Company).
Furtherance to its philosophy the Company formulates this Anti-Bribery Policy to ensure that no employee of the Company indulges in and associate with any act of bribery, extortion or corruption with any government official (Public Official) or any person for or on behalf of the Company.
This Anti-Bribery Policy is based on the law of Prevention of Corruption Act, 1988 of India and other similar applicable anti-bribery and anti-corruption Laws of India.
(2) Applicability and Purpose:
This policy apply to all officers, directors, managers, employees (hereinafter referred as to the “employees”) of the Company (including employees temporarily transferred to affiliates and vendors), agents, representatives, and joint-venture partners, or anyone else doing business in the name of or with the Company, including the suppliers, contractors, or subcontractors (collectively referred to herein as “Covered Parties”). The Company has a zero tolerance approach to acts of Bribery and Corruption, by employees or anyone acting on behalf of the Company. Any breach of this policy will be regarded as a serious matter by the Company of which is likely to result in disciplinary action.
(3) Policy:
This Policy reflects the business practices and principles of behaviour that support this commitment to zero tolerance approach to acts of Bribery and Corruption.
(i) General Principals
No bribes of any sort shall be paid or accepted from customers, suppliers, politicians, government / public official, public advisors or representative’s private person or Company for or on behalf of the Company for or in respect of any business or official matters or transactions of the Company. Bribery is committed when an inducement or reward is provided, in order to gain any commercial, contractual, regulatory or personal advantage for the Company or any of the applicable individuals as per this policy.
(ii) Business Meals and Gifts All of the following conditions should be satisfied when offering business meals or gifts to Public Officials or any other person:
(a) Business meals or gifts offered to Public Officials should be within the range of normal social courtesies;
(b) There must be no circumstances that could raise any misunderstanding that such meal or gift is being offered with the intention of gaining any improper business advantage;
(c) Offering a meal or a gift should not violate the Anti-bribery Laws of the country which the Public Official works for; and
(d) The expense of the meal and/or gift should be accurately and properly recorded in the appropriate accounting books.
(e) This policy does not prohibit the practices of providing any customary and festive gifts in a particular market, provided such gifts are appropriate and of reasonable nature in comparison to the general market practice and are properly recorded. Pleases refer to our code of conduct policy for further information.
(4) Prohibited Activities
(a) The Company Staff/covered parties should not offer and/or provide any pecuniary or other benefits to Public Officials either directly or indirectly (i.e. through a third party). Furthermore, if there is a possibility that any Business Entertainment could give rise to a misunderstanding that the Company has conducted the Business Entertainment with the intention of gaining an improper business advantage (irrespective of its genuine intention), the Company Staff should not offer the Business Entertainment in such situation.
(b) Offering any cash (including, but not limited to, bills/notes, Cheques, every kind of cash voucher, stock certificates and securities;
(c) Any entertainment at hostess, strip or similar adult entertainment clubs; and
(d) Any business meal or gift if the expense is not properly recorded for in the appropriate accounting books and not as per the Code of Conduct Policy of the Company.
5.Policy on Invitations
All of the following conditions must be satisfied in the case of any invitations made to Public Officials: (a) There must be a legitimate purpose for the invitation of the Public Official, and there must be no circumstances giving rise to any misunderstanding that such invitation has been made with the intention of gaining any improper business advantage;
(b) Any expense for the invitation borne by the Company should be limited to a reasonable amount or actual expenditure;
(c) Any money to be paid by the Company shall not (in any way) provide any personal benefit to a Public Official;
(d) Such invitation must not violate the Anti-bribery Laws of the relevant country which the Public Official works for;
(e) The expenses for the invitation should be accurately and properly recorded in the relevant accounting books.
(6) Consultation Service:
If it is difficult to judge whether the planned Business Entertainment is permissible from a review of this Policy, such cases may be referred to the Managing Director, who will with the help of legal department will decide whether such expense is within the permitted or not under this policy.
(7) Reporting incidents of Bribery and Corruption
If any member of the Company Staff discovers any intentional or accidental violation of this Policy, such member of the Company Staff should report such discovery to his/her superior or to the Managing Director.
Adherence to good Corporate Governance and managing its affairs in a fair, honest, ethical, transparent and legal manner is an integral part of the philosophy of India Power Corporation Ltd., (the Company).
Furtherance to its philosophy the Company formulates this Anti-Bribery Policy to ensure that no employee of the Company indulges in and associate with any act of bribery, extortion or corruption with any government official (Public Official) or any person for or on behalf of the Company.
This Anti-Bribery Policy is based on the law of Prevention of Corruption Act, 1988 of India and other similar applicable anti-bribery and anti-corruption Laws of India.
(2) Applicability and Purpose:
This policy apply to all officers, directors, managers, employees (hereinafter referred as to the “employees”) of the Company (including employees temporarily transferred to affiliates and vendors), agents, representatives, and joint-venture partners, or anyone else doing business in the name of or with the Company, including the suppliers, contractors, or subcontractors (collectively referred to herein as “Covered Parties”). The Company has a zero tolerance approach to acts of Bribery and Corruption, by employees or anyone acting on behalf of the Company. Any breach of this policy will be regarded as a serious matter by the Company of which is likely to result in disciplinary action.
(3) Policy:
This Policy reflects the business practices and principles of behaviour that support this commitment to zero tolerance approach to acts of Bribery and Corruption.
(i) General Principals
No bribes of any sort shall be paid or accepted from customers, suppliers, politicians, government / public official, public advisors or representative’s private person or Company for or on behalf of the Company for or in respect of any business or official matters or transactions of the Company. Bribery is committed when an inducement or reward is provided, in order to gain any commercial, contractual, regulatory or personal advantage for the Company or any of the applicable individuals as per this policy.
(ii) Business Meals and Gifts All of the following conditions should be satisfied when offering business meals or gifts to Public Officials or any other person:
(a) Business meals or gifts offered to Public Officials should be within the range of normal social courtesies;
(b) There must be no circumstances that could raise any misunderstanding that such meal or gift is being offered with the intention of gaining any improper business advantage;
(c) Offering a meal or a gift should not violate the Anti-bribery Laws of the country which the Public Official works for; and
(d) The expense of the meal and/or gift should be accurately and properly recorded in the appropriate accounting books.
(e) This policy does not prohibit the practices of providing any customary and festive gifts in a particular market, provided such gifts are appropriate and of reasonable nature in comparison to the general market practice and are properly recorded. Pleases refer to our code of conduct policy for further information.
(4) Prohibited Activities
(a) The Company Staff/covered parties should not offer and/or provide any pecuniary or other benefits to Public Officials either directly or indirectly (i.e. through a third party). Furthermore, if there is a possibility that any Business Entertainment could give rise to a misunderstanding that the Company has conducted the Business Entertainment with the intention of gaining an improper business advantage (irrespective of its genuine intention), the Company Staff should not offer the Business Entertainment in such situation.
(b) Offering any cash (including, but not limited to, bills/notes, Cheques, every kind of cash voucher, stock certificates and securities;
(c) Any entertainment at hostess, strip or similar adult entertainment clubs; and
(d) Any business meal or gift if the expense is not properly recorded for in the appropriate accounting books and not as per the Code of Conduct Policy of the Company.
5.Policy on Invitations
All of the following conditions must be satisfied in the case of any invitations made to Public Officials: (a) There must be a legitimate purpose for the invitation of the Public Official, and there must be no circumstances giving rise to any misunderstanding that such invitation has been made with the intention of gaining any improper business advantage;
(b) Any expense for the invitation borne by the Company should be limited to a reasonable amount or actual expenditure;
(c) Any money to be paid by the Company shall not (in any way) provide any personal benefit to a Public Official;
(d) Such invitation must not violate the Anti-bribery Laws of the relevant country which the Public Official works for;
(e) The expenses for the invitation should be accurately and properly recorded in the relevant accounting books.
(6) Consultation Service:
If it is difficult to judge whether the planned Business Entertainment is permissible from a review of this Policy, such cases may be referred to the Managing Director, who will with the help of legal department will decide whether such expense is within the permitted or not under this policy.
(7) Reporting incidents of Bribery and Corruption
If any member of the Company Staff discovers any intentional or accidental violation of this Policy, such member of the Company Staff should report such discovery to his/her superior or to the Managing Director.
© 2019, Blo. All rights reserved | Disclaimer