Industry Electric utility Services Electricity generation Founded 1984 Organization type State-owned enterprise Power stations Ib Thermal Power Station | Products Electric power Website www.opgc.co.in Owner Government of Odisha Purpose Electricity generation Number of employees 900 (2012) | |
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Key people Hemant Sharma (Chairman)
Indranil Dutta(Managing Director) Revenue ₹7,059.54 million (US$100 million) (2015-16) Headquarters Bhubaneswar, Orissa, India | ||
Odisha Power Generation Corporation Limited (OPGC) is the only thermal power generating company owned by Government of Odisha. It was incorporated under the Companies Act 1956 on 14 November 1984. OPGC started as a solely owned Government Company of the state of Orissa. It owns and operates 2 units of 210 MW power plant at Ib Thermal Power Station (ITPS), Banharpali in Jharsuguda District of Odisha.
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During 1990, OPGC started construction of 7 Mini Hydel Projects in different locations of Orissa for generation of pollution free power by utilizing canal falls to meet the increasing demand of power with the major funding from MNES and IREDA. The details are as follows:
Share holding pattern
Share holding pattern of OPGC are as follows
OPGC Expansion Project
OPGC’s expansion project consists of addition of 2x660 MW (1320 MW) to existing Ib Thermal Power Station. Captive coal mine and dedicated railway line for transportation of coal, are in advanced stage of development. All clearances for the power plant have been obtained. Contract has been awarded to M/s BHEL for supply of Main Plant and to M/s BGRE for balance of plant. Civil work at site has been successfully commenced.
50% of power to be generated from the proposed capacity addition has been tied up with GRIDCO under a long term power purchase agreement. Financing agreement executed with Power Finance Corporation and Rural Electrification Corporation for financing of 75% debt. Two captive coal mines (namely Manoharpur and Dip-side of Manoharpur) allocated to Odisha Coal and Power Limited for supply of coal to OPGC are in advanced stage of development, along with the dedicated railway line (MGR) of 47 km for transporting the coal from the mine to the power plant. Land acquisition process for railway line and coal mine have been significantly advanced and the Stage-1 clearance has been obtained from Ministry of Environment and Forest, Government of India for Forest Diversion for coal mine and MGR alignment.
The power plant will depend on coal from the captive coal mine allocated to Odisha Coal and Power Limited. The Coal from the coal mines of Odisha Coal and Power Limited shall be transported through the dedicated railway line to OPGC for commissioning and operation of the expansion power project thereafter. Based on the anticipated receipt of forest and environment clearance from MoEF, progress on land acquisition for railway line and sanction of tapered linkage from Ministry of Coal, GoI, the project is expected to be commissioned in the 12th Five Year Plan.
In addition to Units 3&4, based on the coal reserves available from the captive mines, OPGC is in a position to pursue Units 5&6 of 2x660 MW (1320 MW) at the same location, which is proposed to be pursued after award for commencement of construction is placed for units 3&4.