Gujarat State Electricity Corporation Limited
Gujarat State Electricity Corporation Limited
Gujarat State Electricity Corporation Limited
Table of contents
Highlights
Executive Summary Background History, Year of Incorporation & other details Demographics Location, Branches, Employee details Legal structure Corporate Structure Organizational Structure Leadership, Organizational chart
Operational Profile Products /Services /Solutions Business Lines Financial Summary Risks & Concerns Key Success Factors SWOT Analysis Company Initiatives & Strategy Corporate Social Responsibility Annexure Company in the press
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Executive summary
Highlights
Gujarat State Electricity Corporation Limited is a type of Public Limited & subsidiary company of guvnl. It was incorporated in August 1993. Its headquater is in Vadodara, INDIA. It served the area of Gujarat [INDIA]. It is the predecessor of Gujarat Electricity Board [GEB]. Its main service is Power Generation. It produces and supplies electricity in the state of Gujarat. Its Parent is Gujarat Urja Vikas Nigam Ltd. It owns and operates 13 power stations based on various technologies including thermal, gas, lignite, and hydro. Its Vision is to become one of the most efficient Power Generating Companies globally. Its mission is to generate Power by adopting global best practices through.. Professional Excellence Transparency Value Addition Highest level of Productivity Safety, Self discipline Nation Building
Background
Year of Incorporation & Other details
Highlights Gujarat State Electricity Corporation Limited is a type of Public Limited & subsidiary company of guvnl. It was incorporated in August 1993 after unbundling of GEB (Gujarat Electricity Board) and is registered under the Companies Act, 1956 with the objectives to initiate a process of restructuring of Power Sector and to mobilize resources from the market for adding to the generating capacity of the State and improving the quality and cost of existing generation. The Memorandum and Articles of Association of GSECL envisage a wide spectrum of activities to improve the electricity infrastructure of Gujarat. The Company commenced its commercial operation in the year 1998.
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Demographics
Location, Branches, Employee details
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Its headquarter is in Vadodara, India. It served the area of Gujarat [INDIA]. Its Existing Power Plants areThermal Power Stations 1.Gandhinagar Thermal Power Station 2.Ukai Thermal Power Station 3.Wanakbori Thermal Power Station 4.Sikka Thermal Power Station 5.Dhuvaran Thermal Power Station Gas Based Power Stations 1. Dhuvaran GBCCPP Unt-I 2. Dhuvaran GBCCPP Unt-II 3. Utran Gas Based Power Station (STG) Lignite Power Station 1. Kutch Lignite Thermal Power Station
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Hydro Power Stations 1. Ukai Hydro Power Station 2. Kadana Hydro Power Station 3. Ukai left Bank Canal Hydro Power Station 4. Panam Canal Mini Hydro Power Station Its Power Projects Under Implementation are1. Kutch Lignite Thermal Power Station 2. Utran Gas Based Power Station 3. Sikka Coal based Power Station 4. Ukai Coal based Power Station
List Of Directors
Highlights
Sr. No 1. Name Shri D J Pandian , IAS CHAIRMAN Official Address Principal Secretary Govt. of Gujarat, Energy & Petrochemicals Dept., Block No. 5 / 5th Floor, New Sachivalaya, GANDHINAGAR -382 010. Principal Secretary (Expenditure) Finance Department, Government of Gujarat, Block No. 4/7, New Sachivalaya, GANDHINAGAR - 382 010 Commissioner, Ahmadabad Municipal Corporation, AHMEDABAD.
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Sr. No 4.
Official Address Managing Director , Gujarat Urja Vikas Nigam Limited, Sardar Patel Vidyut Bhavan, Race Course, VADODARA - 390 007. -------
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Shri Benjamin S. Reuben DIRECTOR Shri H P Desai DIRECTOR Shri P H Rana MANAGING DIRECTOR DIRECTOR
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------Director (Technical), Gujarat Urja Vikas Nigam Limited, Sardar Patel Vidyut Bhavan, Race Course, VADODARA 390 007.
Other Employees
Corporate Office Power Station Shri D J Parmar Additional Chief Engineer Wanakbori Thermal Power Station Shri J N Doshi Chief Engineer Gandhinagar Thermal Power Station Shri K H Joshi Chief Engineer Ukai Thermal Power Station Shri J K Karathia Additional Chief Engineer KHEP
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Shri P H Rana Managing Director Shri B N Chudasama Executive Director (Gen.) Shri M B Kaka General Manager (F&A) Shri V P Jani Company Secretary
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Corporate Office
Power Station Shri M C Jain Chief Engineer Kutch Lignite Thermal Power Station Shri M D Vyas Chief Engineer Sikka Thermal Power Station Shri S V Ladani Additional Chief Engineer Utran Gas Based Power Station Shri M R Patel Additional Chief Engineer Dhuvaran Thermal Power Station Shri R V Patel Chief Engineer Kevadiya - SSNL
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Shri A D Karpe I/c Chief General Manager (HR&A) Shri P M Parmar Chief Engineer (Generation) Shri R C Shah Chief Engineer (P&P) Shri M N Patel Chief Engineer (Civil) Shri H N Baxi Supdt. Engineer (Fuel)
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Legal structure
Joint Ventures / Acquisition / Subsidiaries
Highlights
As per the new sector structure, GSECL has entered into a Power Purchase Agreement (PPA) for selling energy with GUVNL. The contractual / commercial arrangements post unbundling are represented diagrammatically below: Contractual Framework Post Unbundling
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Organizational Structure
Highlights
As a part of the reform process,the Government of Gujarat has unbundled the various functions of GEB. As a result of this unbundling,Gujarat State Electricity Corporation Limited (GSECL) has taken up the responsibility of electricity generation. Electricity Transmission has been entrusted to the already existing company - GETCO. Distribution network in the state has been split up among four distribution companies, which cater to the northern, central, southern, and western parts of the state respectively. All these companies have been structured as subsidiaries of a holding company, Gujarat Urja Vikas Nigam Limited (GUVNL). GUVNL is also the single bulk buyer in the state as well as the bulk supplier to distribution companies. It will also carry out the trading function in the state. The pictorial representation of the restructuring is as given below:
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Highlights
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Operational Profile
Major Products/ Business Lines
Highlights
Gujarat State Electricity Corporation Limited (GSECL) is engaged in power generation activities. GSECL produces and supplies electricity in the state of Gujarat. Its Parent is Gujarat Urja Vikas Nigam Ltd. It is transmitted via Transmission company GETCO and distributed via 4 Discoms (Distribution companies Like DGVCL,MGVCL,PGVCL and UGVCL). Its wholly owned subsidiary in the context of liberalization and as a part of efforts towards restructuring of the Power Sector. The operations of GSECL were limited to Power Stations units Gandhinagar #5, Wanakbori #7, Utran GBPS & Dhuvaran CCPP till the complete unbundling of erstwhile GEB was undertaken, i.e. up to 31st March 2005.
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Financial Summary
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Gujarat State Electricity Corporation Limited earned Profit of Rs.7047 lacs in 2005-06. In 2006-07, Profits increased to Rs.7536 lacs but in 2007-08, Profits decreased to Rs.5924 lacs. In 2008-09, Profits increased to Rs.7053lacs. In 2009-10, Company earned maximum Profit of Rs.12406 lacs.
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SWOT Analysis
Highlights
Gujarat State Electricity Corporation Limited (GSECL) is engaged in power generation activities. GSECL produces and supplies electricity in the state of Gujarat. The company was promoted by the former Gujarat Electricity Board (GEB) and is a wholly owned subsidiary of Gujarat Urja Vikas Nigam Limited (GUVNL). It owns and operates 13 power stations based on various technologies including thermal, gas, lignite, and hydro. GSECL is an Independent Power Producer (IPP) with a total installed capacity of 4,766 MW. In addition, the company has three power projects being implemented, with a total capacity of 1,075 MW. Further, the company obtained ISO 9001:2008 certification during July 09.
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Highlights
Gujarat State Electricity Corporation Limited Key Recent Developments . . May 13, 2010: GSECL Dedicates 370MW Combined-Cycle Gas-Fired Power Station To India. May 06, 2010: GSECL Intends To Establish 1,600MW CoalFired Power Project In Gujarat State, India. May 06, 2010: GSECL Intends To Establish 1,000MW GasFired Power Project In Mehsana, India. Oct 08, 2009: GSECL Reports Net Profit Of 705.3 Million In Fiscal 2009. Jan 14, 2009: BHEL Signs MoI With GSECL And IDFC For 1,600 MW Thermal Plant.
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Highlights
Thank You
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