Odisha Power Generation Corporation Limited 2023 AR2
The report highlights Odisha Power Generation Corporation Ltd.'s (OPGC) performance for the fiscal year 2022-23, during which it achieved its highest-ever yearly station Plant Load Factor (PLF) of 76.85% and transitioned to a 100% state-owned company of the Government of Odisha. Financially, the company turned around with a standalone profit before tax of INR 1,126 crore, driven by higher generation from Units 3 & 4 and the approval of final tariffs. On the sustainability front, OPGC spent INR 1.21 crore on corporate social responsibility initiatives, focusing on education, preventive healthcare, and safe drinking water in peripheral villages. Additionally, the company maintained a strong safety record with zero lost time injuries (LTI) reported during the year, earning an International Safety Award from the British Safety Council.
Company: Odisha Power Generation Corporation Limited
Sector: Energy utilities
Country: India
Year: 2023
Type: AR2
Pages: 232
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Odisha Power Generation Corporation Limited
Annual Report
The report highlights Odisha Power Generation Corporation Ltd.'s (OPGC) performance for the fiscal year 2022-23, during which it achieved its highest-ever yearly station Plant Load Factor (PLF) of 76.85% and transitioned to a 100% state-owned company of the Government of Odisha. Financially, the company turned around with a standalone profit before tax of INR 1,126 crore, driven by higher generation from Units 3 & 4 and the approval of final tariffs. On the sustainability front, OPGC spent INR 1.21 crore on corporate social responsibility initiatives, focusing on education, preventive healthcare, and safe drinking water in peripheral villages. Additionally, the company maintained a strong safety record with zero lost time injuries (LTI) reported during the year, earning an International Safety Award from the British Safety Council.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees