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NIT No. ITPS/CC-22/2017/06
NIT No. ITPS/CC-22/2016/12
NIT No. ITPS/Purchase/2016-17/03 (P)
NIT No. ITPS/Purchase/2016-17/04 (P)
NIT No. ITPS/ (Purchase)/2016-2017 /02(P)
NIT No. ITPS/ (Purchase)/2016-2017 /01(P)
NIT No.ITPS/Purchase/2015-16/24(P)
NIT No. ITPS/ (Purchase)/2015-2016 / 19 (P)


PRESENT BUSINESS

          As its maiden venture, the company has set up two thermal power plants with a capacity of 210 MW each in the IB valley area of Jharsuguda District in the State of Odisha (Ib Thermal power Station) at a cost of Rs.11350 million. The locational advantage of the power plant lies in its close proximity to the coal mines as well as to the Hirakud reservoir. This gives the company the distinct advantage of low cost of Raw Material leading to low cost generation.

         It also has seven Mini Hydel stations having a total capacity of 5075 kW as a technological demonstration

        The entire generation from Ib Thermal Power Station is committed to the state transmission utility GRIDCO on the basis of a long term Power Purchase Agreement. Payment is secured through an Escrow Account and revolving Letter of Credit.

        Two more units (Unit 3 & 4) having capacity of 660 MW each were added in the second phase in the year 2019 which added a capacity of 1320 MW to the earlier existing 420 MW to IB Thermal Power Station, enhancing the total power generation capacity of OPGC to 1740 MW.

Shareholder
Shares held ( numbers )
% age of existing tottal equity
Amount (In Rs.)
Governor of Odisha
92,94,737
51
929,47,37,000
Odisha Hydro Power Corporation Ltd.
89,30,237
49
893,02,37,000
Total
182,24,974
100
1822,49,74,000

 

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