The Odisha Power Generation Corporation (OHPC) has been one of the cheapest energy generating power corporations that contributes around 20% of the State’s total electricity consumption and takes care of around 25% of peak power demand, said its Chairman Bishnupada Sethi.
Sethi was addressing a function organised to mark the 27th foundation day of the corporation here on Thursday. Energy Minister Dibya Shankar Mishra, Finance Principal Secretary Vishal Dev and Industries Principal Secretary Hemant Sharma addressed the meeting.
Sethi said, “OHPC has created new benchmarks in generation, modernisation, establishment of new projects and social commitments. OHPC has put thrust on increasing generation capacity of existing units along with exploring development of new projects such as pump storage power plants. It has not left any stone unturned for the capacity upgradation of existing power stations by way of renovation and modernisation of three power stations at Chiplima, Burla and Balimela.”
The OHPC has also diversified itself by venturing into several subsidiaries and joint ventures such as GEDCOL having 26-MW installed capacity of solar energy and 6 MW in pipeline; GSPCL, a JV with SAIL with objective of executing 10-MW Mandira small hydroelectric project; OCPL, a JV with OPGC for availing benefit of coal block for uninterrupted supply of quality coal to the OPGC power plant. The OHPC has also acquired 49% of equity shares of OPGC earlier held by a private investor thereby forming it as an associate company of OHPC, he said.