Power Today |
 
Advertise Here [728 W x 90 H pixels]
Web Exclusive | May 2013

IPCL, DPSC may merge this year

India Power Corporation (IPCL) and DPSC are likely to be merged. IPCL is a Rs 60-crore company that has 100 mw of wind power generation capacity, in Karnataka, Gujarat and Rajasthan. DPSC is a 90-year-old electricity distribution company that was taken over by IPCL three years ago.

AK Goswami, president-New Initiatives, DPSC-IPCL, said the two companies would merge this year. IPCL has under construction a 450 mw thermal power project in Haldia.

DPSC is a Rs 600-crore company that distributes power in a 629 sq km area near Asansol, West Bengal and operates a 12 mw thermal power plant. DPSC got listed on the MCX-SX earlier this month. Goswami said that DPSC wanted a bigger play in the electricity distribution area. IPCL-DPSC has several large-size thermal power projects on the plan — adding to over 4,000 mw — but they are all stuck for want of coal linkage. Only the 3x150 mw Haldia project is underway.

Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image

 

Posted Comment
1 .     Yogesh Says:
17 Oct 2016
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine

2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
Pls invite me all auction in gujarat

3 .     k.natarajan Says:
20 Jun 2016
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors..... thanks lot pls call +910842559230 +919842753550


Advertise Here [728 W x 90 H pixels]