YEAR EVENTS 1919 - Dishergarh Power Supply Company Ltd. (DPSCL) 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 Company holds two licences viz., Dishergarh Electric Licence, 1932 and Associated Power (Bengal) Electric Licence, 1934. The Main Object of the Company is to supply and generate Electricity. 1948 - 4,000 `A' Pref. and 12,000 No. of equity shares allotted to members of Associated Power Co., Ltd. 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's installation in Bihar was taken over by the Bihar State Electric Board from 11.30 p.m. on 17th July. 1977 - With effect from 1st April, the Company's 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' & `B' Pref. shares raised to 10%. 1987 - The Company installed a 40,000 lbs per hour steaming capacity boiler at Dishergarh Power Station, which augmented the Company's detailed installed capacity to 20,000 KW from 19,400 KW. - Other schemes taken up for modification and augmentation of transmission and distribution system were the 2 x 10 MW ECC captive power station and 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 the Company due for expiry on 18th December 1992, provided the Company submitted a tangible proposal for augmenting its existing generating capacity. 1988 - The Company installed a new 25 panel 11 KV, 500 MVA switchboard at Luchipur, a 7.5 MVA 33/11 KV transformer at Dishergarh and undertook construction at a number of distribution lines. - As a first phase of revamping scheme of Seebpore power station, order for installation of a cooling tower was placed. - Installation of a 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 and was in an advanced stage for rolling. 1990 - 4,80,000 Bonus Equity shares issued in prop. 1:2. 1991 - The Company was appointed to undertake the pre-commissioning check up services for some of the thermal plants of Coal India, Ltd. - The Company increased the rate of dividend on both A & B preference shares from 10% (without deduction of Income Tax) per annum to 13% (with deduction of Income Tax) per annum with effect from 1st April. 1992 - Government of W. Bengal amended the licence of the Company extending the validity up to 18th December, 2012. 1993 - The Company had undertaken various schemes with an investment of Rs 14 crores to augment the transmission lines and to achieve further flexibility in load distribution system. 1994 - The Company was able to maintain its wide transmission and distribution system with a very high degree of reliability by sustained and regular maintenance. - The Company secured clearance for augmenting the generating capacity of Chinakuri power station by 10MW from Damodar Valley Corporation. 1996 - The Company was able to maintain its wide transmission and distribution system with a very high degree of reliability by sustained and regular maintenance. - The Company proposed to build up 132KV receiving station at Mongalpur and Kanynapur. - In order to diversify, the Company undertook building, operating and maintaining power plants and distribution network in new areas. - 14,40,000 Right Equity shares issued in prop. 1:1. 2008 -Company name has been changed from Dishergarh Power Supply Co Ltd to DPSC Ltd. 2011 -Company has splits its Face value of Shares from Rs 10 to Re 1 -DPSC Ltd has given the Bonus in the Ratio of 22:1 2012 -Company has recommended a dividend @ 5% i.e. Rs. 0.05/- per share of Re. 1/- each. 2013 -DPSC setting up new power generation plants at an investment of Rs 25,000 crore. -DPSC Limited receives award for "Excellence in Wind Energy for the year 2012-13. -The Company has changed its name from DPSC Ltd to India Power Corporation Ltd. 2014 -Company has recommended a dividend @ of Rs.0.05 [i.e. 5%] per Equity Share of Re. 1/- each. 2015 -India Power wins the asian power Awards 2015 2016 -Company has entered into a Joint Venture Agreement ("JVA") with Wursata Shipping Corporation("WS Corp.") as the Joint Venture Partner and Matsya Shipping & Ports Private Ltd("MSPPL") as the joint venture Company. 2018 -DPSC Limited Conferred with Innovation Award in ISGW 2018".