|Odisha Power Generation
Corporation Limited (OPGC)
on November 14, 1984. OPGC started as a wholly owned Government
Company of the State of Odisha with the main objective of establishing,
operating & maintaining large Thermal power generating
In the pursuit of its objective, OPGC established IB
Thermal Power Station having two units of 210 MW each
in the Ib valley area of Jharsuguda District in the State of
Odisha. These Units have become operational since 1994 (1st
Unit) and 1996 (2nd Unit) respectively.
The entire generation from these units are committed
to Gridco – the state owned Power Transmission & Trading
Company on the basis of a long-term power purchase agreement.
As a part of the reform in the energy
sector of the state, 49% of the equity was divested in favour
of a Private investor ( American Company) i.e. AES Corporation,
USA in early 1999.
OPGC with its present ownership structure is
unique of its kind in the country and has excellent track record
of plant performance and earnings.
The Company has owned many state as well as
national level awards and recognition
Today OPGC has firmly established its credentials
as a successful power generating company both technically & commercially
by providing safe, clean & reliable power.