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Odisha Hydro Power Corporation Ltd.

A Gold rated State PSU( A Govt. of Odisha Undertaking )

Powering Green Energy
Sh Vishal Kumar Dev, IAS
Commissioner-cum-Secretary to Government, Sports & Youth
Services Department and Chairman-cum-Managing
Director, OHPC Ltd.

Achievement

ACHIEVEMENTS IN 2015-16

  • Gross Energy Generation of OHPC during the year was 4104 MUs achieved as against MOU target of 5411 MUs.
  • The Plant Availability Factor (PAF) during the year was 85.955% as against the Mou target of 80.00%.
  • The Company earned profit before tax of Rs.137.97 crores and the profit after tax is Rs. 87.30 crores for the Financial Year 2015-16.
  • Public Enterprise Dept., Govt. of Odisha has rated OHPC as “Excellent” based on the performance made by OHPC during the year 2014-15 and the MoU signed with DoE, Govt. of Odisha.
  • The tendering process for unit #3 of Chiplima Power House & unit #5 & #6 of Hirakud Power House has been completed & contract agreement has been executed with the lowest bidder M/s Voith Hydro India Ltd.
  • LOA has been issued in favour of lowest bidder M/s BHEL for unit-1 to 6 (6x60 MW) for Balimela Power House.
  • OHPC has taken initiatives to implement ERP. ERP Consultancy contract agreement has been signed between OHPC Ltd. & M/s PWC Pvt. Ltd. for Implementation of ERP in OHPC & GEDCOL.

ACHIEVEMENTS IN 2014-15

  • Gross Energy Generation of OHPC during the year was 6238.457 MUs achieved as against MOU target of 5333.33 MUs for excellent rating.
  • The Plant Availability Factor (PAF) during the year was 83.49% as against the MoU target of 81.00%.
  • The Company earned profit before tax of Rs. 46.68 crores and the profit after tax is Rs. 15.59 crores for the year 2014-15 on standalone basis.
  • Public Enterprise Dept., Govt. of Odisha has rated OHPC as “Very Good” based on the performance made by OHPC during the year 2013-14 and the MoU signed with DoE, Govt. of Odisha.
  • The tendering process for the Unit#3 of Chiplima Power House and Unit #5 & #6 of Hirakud Power House has been completed and the LOA has been issued in favour of the lowest bidder M/S Voith Hydro India Ltd. The tendering process for R&M work of Balimela Power House is expected to be completed shortly.

ACHIEVEMENTS IN 2013-14

  • During the year the power stations of OHPC generated 6967.978 MU of electricity.
  • OHPC earned profit before tax of Rs.11.13 crores and the profit after tax is Rs.8.8 crores for the financial year 2013-14.
  • Public Enterprise Dept., Govt. of Odisha has rated OHPC as “Very Good” based on the performance made by OHPC during the year 2012-13 and the MoU signed with DoE, Govt. of Odisha.
  • The tendering process for R & M work of these units has been initiated.
  • OTDC (Odisha Thermal Power Corporation Ltd.) has been incorporated with Joint Venture of OHPC & OMC with 50:50 shareholding for setting up a coal based supercritical thermal power plant of 3x800 MW capacities at Kamakhyanagar in the District Dhenkanal.
  • In pursuance to the notification no. 2296 dtd. 15.03.2013 issued by Deptt. Of Energy, Govt. of Odisha, GEDCOL has been incorporated on 18.04.2013 to promote investment in renewable energy projects and various green energy sources and to develop and execute special renewable projects on commercial and/or demonstration basis.