DVC: POW­ER­ING IN­DIA EM­POW­ER­ING THE VAL­LEY

Airports India - - NEWS -

One of In­dia’s lead­ing power gen­er­a­tors, Damodar Val­ley Cor­po­ra­tion (DVC) has turned black in Q4 of 201718, for the first time after 15 quar­ters. The to­tal an­nual ther­mal gen­er­a­tion in 201718, was 35692 Mil­lion Units which is a y-o-y growth of 7.14 per cent. This record gen­er­a­tion has also ex­ceeded the Cen­tral Elec­tric­ity Au­thor­ity (CEA) tar­get by 3.52 per cent.

Damodar Val­ley Cor­po­ra­tion (DVC) came into be­ing on July 7, 1948, as the first mul­ti­pur­pose river val­ley project of In­de­pen­dent In­dia. DVC op­er­ates seven ther­mal power and three hy­del power sta­tions in the states of West Ben­gal and Jhark­hand, with an in­stalled ca­pac­ity of 7237.2 MW. Apart from power gen­er­a­tion, DVC has an in­te­grated trans­mis­sion and dis­tri­bu­tion sys­tem. The other re­spon­si­bil­i­ties in­clude flood con­trol, ir­ri­ga­tion, soil con­ser­va­tion and so­cioe­co­nomic de­vel­op­ment of its op­er­a­tional area spread across 24,235 sq. km.

NEW MILESTONES

With the high­est ever gen­er­a­tion in 2017-18, the an­nual Plant Load Fac­tor (PLF) of 56.04 per cent is the high­est in four years. New milestones have been achieved in short-term and ex­change sale which stood at 2580 MU, is a three­fold growth over 2016-17. On April 24, 2018, DVC touched a high­est ever in­stan­ta­neous gen­er­a­tion of 5763 MW and achieved the high­est sin­gle day gen­er­a­tion of 136.44 MU.

ADOPT­ING BEST PRAC­TICES

The op­er­a­tional ef­fi­ciency has sig­nif­i­cantly in­creased over the last few years. The avail­abil­ity and re­li­a­bil­ity of the power sta­tions have also in­creased. This was pos­si­ble due to the adop­tion of the best in­dus­try prac­tices and longterm mea­sures. This was ev­i­dent in the month of April 2018, when the Bokaro and Ko­derma plants of DVC ranked among the top 10 cen­tral sec­tor gen­er­at­ing sta­tions in the coun­try with a Plant Load Fac­tor (PLF) of 98.08 per cent and 97.57 per cent re­spec­tively.

A Mo­bile App named ‘DVC Con­serve’ has been launched for the con­sumers which can be used to view and pay power bills. Con­sumers can also view re­stric­tion pe­ri­ods and reg­is­ter a com­plaint through this App. DVC has also launched a web-based Flood Warn­ing Sys­tem which would help in track­ing the re­lease of wa­ter from dif­fer­ent dams of DVC.

FI­NAN­CIAL FOOT­PRINTS

In 2017-18, DVC recorded the high­est ever turnover of Rs 15,729 crore and the high­est ever power sale of Rs 14,955 crore. The debt bur­den was also re­duced by Rs 2000 crore. Th­ese were a re­sult of both short-term and long-term mea­sures to im­prove the fi­nan­cial health of the Cor­po­ra­tion.

FO­CUS ON GOOD GOV­ER­NANCE

Trans­parency and ac­count­abil­ity in op­er­a­tions are key pil­lars in ef­fec­tive gov­er­nance. This can only be achieved when all stake­hold­ers ad­here to the rules and reg­u­la­tions while ex­hibit­ing the high­est moral stan­dards. At DVC, all em­ploy­ees are en­cour­aged to up­hold the high­est stan­dards of in­tegrity and moral val­ues, not only in their pro­fes­sional du­ties but also in their so­cial in­ter­ac­tions.

LOOK­ING AHEAD

This fis­cal, DVC is fo­cussing on a tar­get so the op­er­a­tions be­come sus­tain­able. To make it a his­toric turn­around, Team DVC is all set to achieve this goal. The roadmap in­cludes more ef­fi­ciency in op­er­a­tions, all round cost cut­ting, more ex­change sale, re­duc­ing the sur­plus power and im­prov­ing ef­fi­ciency in em­ployee en­gage­ment. In ad­di­tion to such ob­jec­tives, DVC’S un­wa­ver­ing com­mit­ment to­wards so­cioe­co­nomic de­vel­op­ment will con­tinue to re­main an im­por­tant pri­or­ity.

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