DPSC Ltd plans Rs.25,000 crore expansion in power generation

SREI Infra Finance Group power arm, DPSC Ltd has plans to expand its presence through setting up new power generation plants outside the state of West Bengal entailing an investment of Rs 25,000 crore. Currently, it owns a small power plant with an installed capacity of 77.4 Mw in West Bengal.

DPSC will add 450 Mw of thermal power at Raghunathpur in West Bengal while another 3,750 MW of thermal power would be added by IPCL. DPSC came under India Power Corporation’s (IPCL) fold after divesting by Andrew Yule in 2009-10. DPSC-IPCL combine has embarked on major expansion after the takeover and new 1,320-MW plant will be set up in Bihar and Madhya Pradesh, besides a 450-Mw unit in Haldia.