India Power Corporation Ltd. (IPCL) is a prominent power generation and utility company in India, originally incorporated in 1919 as DPSC Limited. The company engages in both thermal and renewable energy production, operating wind power facilities across Rajasthan, Gujarat, and Karnataka, with plans to expand its wind capacity significantly. IPCL also runs a solar power plant in Asansol, West Bengal, and has entered into a power distribution agreement in the coal-rich Asansol-Raniganj belt.
IPCL has diversified its operations by acquiring subsidiaries like IPCL Power Trading Private Limited and forming joint ventures for power services and logistics. The company, through its foreign subsidiary, IPCL Pte Limited, has extended its reach internationally by partnering in Albania's solar power projects. As a distribution franchisee, it serves areas in Bihar, and its domestic ventures include a 1000 MW thermal power plant in Andhra Pradesh and a 300 MW plant in West Bengal, highlighting its commitment to expanding its energy portfolio.