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Power 20:20 | December 2017

Distribution Company with Most Profitability from State Sector - Dakshin Gujarat Vij Company

Gujarat-based DGVCL is involved in the sub-transmission, distribution and supply of electricity across India. The company, incorporated in 2003, is a wholly-owned subsidiary of Gujarat Urja Vikas Nigam, a Government of Gujarat company. Incorporated in Surat with an authorised capital of Rs.10 lakh, the company has, over the years, grown into a Rs.500-crore enterprise with over 6,000 employees. <p></p> <p>DGVCL empowers millions of homes by distributing electricity to seven districts in south Gujarat. The Company with its varied consumer-base and terrains caters to over 28.40 lakh consumers with annual growth rate (in consumer base) of about 4.57%. On one hand, DGVCL encompasses one of the most industrialized regions falling in the golden corridor of Gujarat besides ever increasing urban areas and on the other hand it's tribal belt, agriculture land and forest areas to serve. Such consumer-mix sets DGVCL's role as a state power distribution utility apart from private utilities which cater to only urban landscape. </p> <p>With an aim to provide our valued consumers with quality and sustainable power supply, DGVCL's Management has been making all efforts towards system upgradation, infrastructural betterment and continuous improvement in consumer services. In the same vein, the Company has undertaken various measures such as establishment of new sub-stations (in coordination with GETCO), adoption of HVDS system, laying underground cable network with RMUs, overhead aerial bunch conductors in place of bare conductors, increasing number of field offices and staff, creation of centralized customer care centre and various online services and single window concept like Vij Seva Kendras. </p> <p> <span style="font-weight: bold;">Performance highlights</span> <br /> The company aims to provide reliable and quality power at competitive cost. It mainly aims for customer satisfaction through service excellence. It has, till date covered 23, 307 km in projects in seven districts. From its 19 divisions and 117 sub division offices, the company serves around 27.32 lakh consumers annually. It has currently undertaken various projects such as establishment of new sub-stations (in coordination with GETCO), adoption of HVDS system, laying underground cable network with RMUs, overhead aerial bunch conductors in place of bare conductors, increasing number of field offices and staff, creation of centralised customer care centre and various online services and single window concept like Vij Seva Kendras.</p> <p> <span style="font-weight: bold;">Awards &amp; Certifications</span><br /> </p> <ul> <li>DGVCL has earned the highest A+ grade amongst 41 State power distribution utilities of the country during the rating period FY 2015-16. Ministry of Power, GoI, declared this while making the Fifth Annual Integrated Ratings public in May 2017</li> <li>DGVCL was honoured with IPPAI Power Award under category of'Best Performing Distribution Company' in September 2016, Goa.</li> <li>DGVCL was ranked second under the category of 'Public - Service Sector (Large) by The Institute of Cost Accountants of India at New Delhi on 28th May, 2016. The Jury of 13th National Awards for Excellence in Cost Management -2015 had selected the Company for the award.</li> <li>DGVCL was graded with the rating of A+ amongst 40 state distribution utilities spread across 21 states for the rating FY 2015. Ministry of Power, Government of India, declared this while making the Fourth Annual Integrated Ratings public in June 2016.</li> <li>DGVCL is ranked as the number one DISCOM in the country bagging A+ Rating for its consistent financial and operational efficiency. The company received highest rating in the Third Annual Integrated Ratings among a total 40 state-owned distribution utilities rated by ICRA Ltd. And Credit Analysis and Research Ltd. as per the framework approved by the Ministry of Power. </li></ul>
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17 Oct 2016
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20 Sep 2016
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20 Jun 2016
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