India Power
  • uniper logo
  • kanario logo

THE INDIA POWER STORY
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 IPCL’s 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 Power’s 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.

Read More...

Chairman's Message

Distinguished Guests,

Hemant Kanoria,Chiarman

He has over 39 years of experience in industry, trade and financial services. He is currently serving as Board Member in the Indian Institute of Information Technology, Guwahati, Neotia University and New Delhi Institute of Management. He has held several prestigious positions like President of Calcutta Chamber of Commerce, Chairman of the FICCI National Committee on Infrastructure and served on the Board of Governors of Indian Institute of Management, Calcutta (IIM-C) besides being a past Member of the Regional Direct Taxes Advisory Committee, Government of India.

The Financial Year 2017-18 will be remembered in history as one of the most tumultuous years for the power sector as the focus globally shifts towards green and sustainable energy. The future of the power sector’s growth has increasingly become dependent on factors like efficiency, cost-effectiveness, digitization, sustainability, and most importantly, being environmentally conducive. By 2030, the world’s middle-class population will likely expand from 3 billion to more than 5 billion. The growth will coincide with widely improving standards of living, resulting in rising energy use in all countries as people develop modern business and gain access to various amenities. Global energy need is expected to rise by about 25%, which will be mainly driven by growth in need in countries like China and India where the power need is said to increase by 40% which will be roughly equal to the load of energy used in the US today.

Coupled with the increase in need, the demand for power is expected to grow by more than 60% between 2016 and 2040, led by the near-doubling of power demand in the other countries. India is the world’s fastest-growing economy which is fuelled by large-scale uptick in industrial production, growth in the working population and the improving standard of living in the country. India’s power sector is dominated by fossil fuels which accounts for a majority of the installed power-generation capacity. India’s national grid had a total installed capacity of 344 GW as on June 2018, of which thermal power accounted for 223 GW, renewable energy accounted for 69 GW, while hydro and other sources accounted for 52 GW. India at the current moment is asurplus power-generating country, but due to inadequate connectivity and issues in theTransmission and Distribution (T&D) lines, there is intermittent supply of electricity to the people of the country.

For addressing this issue, the government has been implementing schemes like “Power for All”, which aims to provide continuous and uninterrupted electricity supply to all households, industries and commercial establishments by creating and improving the necessary infrastructure. The “Power for All” is a joint collaboration of the Government of India and the State Governments where funding is shared. It is estimated by an international energy agency that India is expected to add 600 to 1,200 GW of power-generation capacity before 2050. With so much generation capacity being added in India over the next few years, there is huge potential for both conventional as well as renewable sources of power.

Even if India reaches thisvery ambitious target, it will be pointless without efficient T&D. Toward addressing this issue, theGovernment of India has announced multiple schemes aimed at developing the distribution projects like the Integrated Power Development Scheme (IPDS), Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY), Rural Electrification, National Electricity Fund and Financial Restructuring Scheme. Ratings agency Moody’s has projected a stable outlook for the power sector on account of the improvement in domestic coal availability, thus moderating the fuel supply risk. However, it has been a mixed bag for Ujjwal Discom Assurance Yojana (UDAY).

While the distribution utilities have seen an improvement in their liquidity, the extent to which their operational efficiency has improved, still remains unclear. Therefore, while there are many opportunities in the Power Sector in India, there are multiple challenges too. Primarily, the challenges are in the generation and distribution sectors due to inadequate process streamlining. India Power has been making various suggestions to the government from time to time and is sanguine that they would have a detailed evaluation towards policy process optimization. The thermal power plants are facing a severe crisis which will result in billions of dollars of non-performing loans in the sector very soon. It is therefore imperative for the government to act urgently. However, India Power, with over nine decades of experience in the T&D segment, presence in generation across coal, wind and solar plants and lastly but most

importantly, offering Operations & Maintenance (O&M) services through the Joint-Venture partner - Uniper of Germany, is sure to overcome the problems and will continue to grow profitably.

With Best wishes,

HEMANT KANORIA

Chiarman

Leadership

Board of Directors

Hemant Kanoria

Mr. Hemant Kanoria has over 38 years of experience in industry, trade

Hemant Kanoria
Chairman

Amit Kiran Deb

Shri Amit Kiran Deb is a Masters Degree holder in Political Science fr

Amit Kiran Deb
Independent Director

Nand Gopal Khaitan

Shri Nand Gopal Khaitan is a Senior Partner of Khaitan & Co., a le

Nand Gopal Khaitan
Independent Director

Tantra Narayan Thakur

Shri Tantra Narayan Thakur a former member of prestigious Civil Servic

Tantra Narayan Thakur
Independent Director

Dipali Khanna

Smt. Dipali Khanna is a MA (History) from Delhi University, M.Sc. (Nat

Dipali Khanna
Independent Director

Debi Prasad Patra

Shri Debi Prasad Patra IAS (Retd.) holds a Master Degree in Political

Debi Prasad Patra
Independent Director

Jyoti Kumar Poddar

Shri Jyoti Kumar Poddar has rich experience as an industrialist with i

Jyoti Kumar Poddar
Director

Raghav Raj Kanoria

Shri Raghav Raj Kanoria holds a Bachelors Degree in Commerce with expe

Raghav Raj Kanoria
Managing Director

Management Team

Raghav Raj Kanoria

Shri Raghav Raj Kanoria holds a Bachelors Degree in Commerce with expe

Raghav Raj Kanoria
Managing Director

Sanjeev Seth

Shri Sanjeev Seth is a Graduate Electrical Engineer with Management qu

Sanjeev Seth
Chief Executive Officer

Somesh Dasgupta

  Mr. Somesh Dasgupta is in the industry for the last 27 years

Somesh Dasgupta
President

Argha Ghosh

  Mr.Argha Ghosh is a risk and audit specialist with twenty tw

Argha Ghosh
Vice President
(Risk & Audit)

Prashant Kapoor

  Mr. Prashant Kapoor comes with vast and rich experience of o

Prashant Kapoor
Senior Vice President- Company Secretary & Group Head

Mr. Amit Poddar

Mr. Amit Poddar is a qualified Chartered Accountant and Company Secret

Mr. Amit Poddar
Chief Financial Officer

Our Vision & Mission

  • India Power corporation limited is pervaded by a unique culture comprising of three ‘d’s – discipline, dedication and devotion. Over the decades, this culture has permeated to all levels of the organization.

  • Vision – a leading and reliable end-to-end energy solution provider to the country.

  • 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 shareholder values by growth and profitability.

VALUES

  • Performance – target oriented

  • Imagination and initiative.

  • Employee's empowerment

  • Integrity, ownership,& sense of belongingness.

PHILOSOPHY: TO BE AN ADMIRED ORGANIZATION IN INDIA

  • Fair business structures

  • Organizational pride

  • Customer delight

  • Together we will achieve our vision by consistently growing through competitiveness and cost efficiency.

  • Constant searching for opportunities.

  • Competency enhancement.

  • Customer renovation.

FOCUS AREAS

Together, we will achieve our vision by consistently growing through :

  • Competitiveness & cost efficiency

  • Constant search for opportunities

  • Complimentary strategic alliances

  • Competency enhancement

  • Customer orientation

Geographical Presence & Key Strength

Geographical Presence

Key Strength

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 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.

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 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

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.

Prevention of Sexual Harassment

  • The company has defined guidelines and a broad framework on the policy based on the vishakha 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. 

POSH Policies

 

Community Development

Adding Power to Life

They say “Social Work is the Art of Listening and the Science of Hope!

Social work grew out of humanitarian and democratic ideals, and its values are based on respect for equality, worth, and dignity of all people. Since its beginnings over a century ago, social work practice hasfocused on meeting basic human needs and developing human potential. Human rights and social justice serve as the motivation and justification for social work.

India Power, in solidarity with those who are disadvantaged, has been making efforts to relieve and prevent hardship and suffering of the society and its people at large. The primary objective of all our activities and efforts is to focus on problem-solving and bringing a fair change. With the motto of empowering the marginalized and the less fortunate, to build a better nation and to add value to society and its people, IPCL has plunged into Social Welfare activities, coming out of the limited radius of ‘Corporate Social Responsibility’.

This year, IPCL focused primarily on certain sections which need special attention from social workers, such as, Rural Development, Education, Health, Women’s Empowerment, Safe and Clean Drinking Water, Green Initiatives, Support to Senior Citizens, Recognition to Sports, Preserving the Nation’s Culture and Heritage, Extending help during Disasters and Crises, Skill Development Programs and Vocational Training.

Covering large swathes of  the Asansol-Ranigunj region and the Haldia hinterland, India Power undertook a clutch of initiatives for the uplift of the society and its people through activities like Vocational TailoringTraining for women, Training on Bangle-making (Lahati), organizing Women’s Soccer Tournament, distributing Woolen Garments and Blankets to the poor, donating water purifiers to communities and schools, organizing awareness programs on health, electricity theft, electricity conservation, etc. offeringscholarships, stationeries, computers to students and furniture to schools, donating auto-rickshaws andbuses for easy transportation of women and students. Besides, the company always proactively comesahead to help the society whenever there has been a situation of emergency such as natural calamities,demonetization, etc. IPCL has been also organizing Cleft Surgeries in association with Mission Smile,offering financial support to the Acid Survivors Foundation of India for the welfare of the acid-attackvictims, donating basic necessary items to the distressed and old widows and elderly people of old-age homes and many more social welfare activities.

Our environment is part of our society. Therefore, it is the duty of the citizens and responsible corporate entities to keep it clean and green. With this objective, IPCL has built toilets in the rural areas and tookinitiatives to clean up certain areas in its licensed areas.

It is often said that employees are a company’s best ambassadors and with this ideology, India Power always strives to support their employees in all possible aspects. From employees’ health to happiness, the entire company has been moving forward as a family. Responsibility towards society, homely atmosphere for the employees, a friendly work culture and approachable leaders make India Power a unique organization and one of the best places to work in.

As we all know, “Little drops of water makes the Mighty Ocean”, IPCL has been trying to collect the littledrops through their social-welfare activities and employee-benefit programs, so as to build the mightyocean of happiness among the society and its people.