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History of Dishergarh Power Supply Co Ltd.

YEAR EVENTS 1919 - Dishergarh Power Supply Comp. limited [DPSCLs] 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 Comp. holds two licences viz., Dishergarh Electric Licence, 1932 & Associated Power [Bengals] Electric Licence, 1934. The Main Object of the Comp. is to supply & generate Electricity.

1948 - 4,000 `A' Pref. & 12,000 No. of equity shares allotted to members of Associated Power Co., limited 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 installation in Bihar was taken over by Bihar State Electric Board from 11.30 p.m. on 17th July.

1977 - With effect from 1st April, the Company 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' and `B' Pref. shares raised to 10%.

1987 - The Comp. installed a 40,000 lbs per hour steaming capacity boiler at Dishergarh Power Station, which augmented the Company detailed installed capacity to 20,000 KW from 19,400 KW.

- Other schemes taken up for modification & augmentation of transmission & distribution system were the 2 x 10 MW ECC captive power station & 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 Comp. due for expiry on 18th December 1992, provided the Comp. submitted a tangible proposal for augmenting its existing generating capacity.

1988 - The Comp. installed a new 25 panel 11 KV, 500 MVA switchboard at Luchipur, a 7.5 MVA 33/11 KV transformer at Dishergarh & undertook construction at a number of distribution lines.

- As a first phase of revamping scheme of Seebpore power station, order for installation of cooling tower was placed.

- Installation of 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 & was in an advanced stage for rolling.

1990 - 4,80,000 Bonus Equity shares issued in prop. 1:2.

1991 - The Comp. was appointed to undertake the pre-commissioning check up services for some of thermal plants of Coal India, Ltd.

- The Comp. increased the rate of dividend on both A and B preference shares from 10% [without deduction of Income Taxs] per annum to 13% [with deduction of Income Taxs] per annum with effect from 1st April.

1992 - Government of W. Bengal amended the licence of Company extending the validity up to 18th December, 2012.

1993 - The Comp. had undertaken various schemes with an investment of Rs 14 crores to augment the transmission lines & to achieve further flexibility in load distribution system.

1994 - The Comp. was able to maintain its wide transmission & distribution system with a very high degree of reliability by sustained & regular maintenance.

- The Comp. secured clearance for augmenting the generating capacity of Chinakuri power station by 10MW from Damodar Valley Corporation.

1996 - The Comp. was able to maintain its wide transmission & distribution system with a very high degree of reliability by sustained & regular maintenance.

- The Comp. proposed to build up 132KV receiving station at Mongalpur & Kanynapur.

- In order to diversify, the Comp. undertook building, operating & maintaining power plants & distribution network in new areas.

- 14,40,000 Right Equity shares issued in prop. 1:1.