OPGC meaning in Odisha Government ?

Answer:

What is Odisha Power Generation Corporation Limited mean?

Odisha Power Generation Corporation Limited (OPGC) is the only thermal power generating company owned by Government of Odisha. It was incorporated under the Companies Act 1956 on 14 November 1984. OPGC started as a solely owned Government Company of the state of Orissa. It owns and operates four units of power plant- 2 units of 210 MW each and 2 units of 660 MW each totalling a generation capacity of 1740 MW of power at Ib Thermal Power Station (ITPS), Banharpali in Jharsuguda District of Odisha.The generation from these units is committed to GRIDCO on the basis of a long-term Power Purchase Agreement.

With divestment of 49% of the equity shares in favour of AES Corporation, USA in early 1999, the ownership structure of OPGC became unique of its kind in the country. Following withdrawal of AES from OPGC in December 2020, Govt. of Odisha bought back the 49% equity held by AES through another State owned entity OHPC Ltd.Thus OPGC became a fully owned company of the Govt. of Odisha once again.

During 1990, OPGC started construction of 7 Mini Hydel Projects in different locations of Orissa for the generation of pollution-free power by utilizing canal falls to meet the increasing demand of power with the major funding from MNES and IREDA. The details are as follows:

reference

Full Form	Category
Oulton Park Gold Cup	General
Odisha Power Generation Corporation Limited	Odisha Government