DPSC Ltd.

YEAR                       EVENTS
 1919 - Dishergarh Power Supply Company Ltd. (DPSCL) was established
 to
        take over certain existing generating plants to supply
        electricity energy to collieries in the neighbourhood of
        Dishergarh near Asansol.  At present, the Company holds two
        licences viz., Dishergarh Electric Licence, 1932 and
 Associated
        Power (Bengal) Electric Licence, 1934.  The Main Object of
 the
        Company is to supply and generate Electricity.
 
 1948 - 4,000 `A' Pref. and 12,000 No. of equity shares allotted to 
        members of Associated Power Co., Ltd.  Upon acquisition of its
 
        entire capital.
 
 1967 - 28,800 bonus equity shares issued in prop. 2:3.  Rs 100 shares
 
        subdivided into shares of Rs 10 each.
 
 1975 - The Company's installation in Bihar was taken over by the
 Bihar 
        State Electric Board from 11.30 p.m. on 17th July.
 
 1977 - With effect from 1st April, the Company's wholly owned
 subsidiary
        Associated Power Co., Ltd., was amalgamated with the Company.
 
 1984 - 2,40,000 Bonus Equity shares issued in prop. 1:3 Div. on `A' &
 
        `B' Pref. shares raised to 10%.
 
 1987 - The Company installed a 40,000 lbs per hour steaming capacity
 
        boiler at Dishergarh Power Station, which augmented the
 Company's 
        detailed installed capacity to 20,000 KW from 19,400 KW.
 
      - Other schemes taken up for modification and augmentation of
        transmission and distribution system were the 2 x 10 MW ECC 
        captive power station and installation of cooling power at 
        Seebpore power station for improving the performance of the
        existing generating sets.
 
      - Government of W. Bengal agreed in principal to extend the
        licence of the Company due for expiry on 18th December 1992,
        provided the Company submitted a tangible proposal for
 augmenting 
        its existing generating capacity.
 
 1988 - The Company installed a new 25 panel 11 KV, 500 MVA
 switchboard 
        at Luchipur, a 7.5 MVA 33/11 KV transformer at Dishergarh and
 
        undertook construction at a number of distribution lines.
 
      - As a first phase of revamping scheme of Seebpore power
 station, 
        order for installation of a cooling tower was placed.
 
      - Installation of a new 11 KV line from Luchipur Receiving
 Station 
        to cater for enhanced colliery load.
 
 1989 - The first turbo-generator set along with the condensing
 plant,
        turbine oil system deaerators etc. had been erected and was in
 an
        advanced stage for rolling.
 
 1990 - 4,80,000 Bonus Equity shares issued in prop. 1:2.
 
 1991 - The Company was appointed to undertake the pre-commissioning
        check up services for some of the thermal plants of Coal
 India, 
        Ltd.
 
      - The Company increased the rate of dividend on both A & B 
        preference shares from 10% (without deduction of Income Tax)
 per
        annum to 13% (with deduction of Income Tax) per annum with
 effect 
        from 1st April.
 
 1992 - Government of W. Bengal amended the licence of the Company
        extending the validity up to 18th December, 2012.
 
 1993 - The Company had undertaken various schemes with an investment
 of 
        Rs 14 crores to augment the transmission lines and to achieve
 
        further flexibility in load distribution system.
 
 1994 - The Company was able to maintain its wide transmission and 
        distribution system with a very high degree of reliability by
 
        sustained and regular maintenance.
 
      - The Company secured clearance for augmenting the generating 
        capacity of Chinakuri power station by 10MW from Damodar
 Valley
        Corporation.
 
 1996 - The Company was able to maintain its wide transmission and 
        distribution system with a very high degree of reliability by
 
        sustained and regular maintenance.
 
      - The Company proposed to build up 132KV receiving station at 
        Mongalpur and Kanynapur.
 
      - In order to diversify, the Company undertook building,
 operating
        and maintaining power plants and distribution network in new
        areas.
 
      - 14,40,000 Right Equity shares issued in prop. 1:1.
 
 2008
 
 -Company name has been changed from Dishergarh Power Supply Co Ltd to
 DPSC Ltd.
 
 2011
 
 -Company has splits its Face value of Shares from Rs 10 to Re 1
 
 -DPSC Ltd has given the Bonus in the Ratio of 22:1
 
 2012
 
 -Company has recommended a dividend @ 5% i.e. Rs. 0.05/- per share of
 Re. 1/- each.
 
 2013
 
 -DPSC setting up new power generation plants at an investment of Rs
 25,000 crore.
 
 -DPSC Limited receives award for Excellence in Wind Energy for the
 year 2012-13.
 -The Company has changed its name from DPSC Ltd to India Power
 Corporation Ltd.                                               
                                                                  
 2014
 
 -Company has recommended a dividend @ of Rs.0.05 [i.e. 5%] per Equity
 Share of Re. 1/- each.
 
 2015
 -India Power wins the asian power Awards 2015
 
 2016
 -Company has entered into a Joint Venture Agreement (JVA) with
 Wursata Shipping Corporation(WS Corp.) as the Joint Venture Partner
 and Matsya Shipping & Ports Private Ltd(MSPPL) as the joint venture
 Company. 
 
 2018
 -DPSC Limited Conferred with Innovation Award in ISGW 2018.