India Power Corporation Limited has invested more than Rs 500 crore to ramp up its network and distribution infrastructure. The move is part of the company’s strategy to offer superior services at affordable cost to its domestic, commercial and industrial consumers.
Additionally, the company has chalked out investment plans to expand its operations in new geographies and work closely with several state governments to ensure that consumers do not suffer voltage fluctuations, power failures, blackouts and load-shedding, a press statement issued by the company stated.
Following its acquisition of state-owned Dishergarh Power Supply Company, India Power became a modern utility that uses cutting-edge technologies and offered private sector efficiency at affordable cost in public utility services. The acquirer empowered DPSC's nearly 2,000 employees, including those on contracts, and integrated them with its existing workforce. It created a unique cultural synergy that continues to foster a culture of innovation and creativity within the company.
A holistic, integrated power utility headquartered in Kolkata, West Bengal, India Power holds a distribution license spread across 618 square kilometres in Asansol-Ranigunj region of West Bengal.
The company has, over the years, developed a diversified, pan-India portfolio, which includes power distribution, smart metering & digital transformation, renewable and conventional modes of power generation.