57566419 Gujarat State Electricity Corporation Limited

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Company NameGujarat State Electricity Corporation Limited

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Table of contents

Executive Summary Background

History, Year of Incorporation & other details

Demographics Location, Branches,

Employee details Legal structure

Corporate Structure Organizational Structure

Leadership, Organizational chart

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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

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

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BackgroundYear of Incorporation & Other details

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 it’s commercial operation in the year 1998.

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DemographicsLocation, Branches, Employee details

Its headquarter is in Vadodara, India. It served the area of Gujarat [INDIA].Its Existing Power Plants are-

•Thermal Power Stations1.Gandhinagar Thermal Power Station2.Ukai Thermal Power Station3.Wanakbori Thermal Power Station4.Sikka Thermal Power Station5.Dhuvaran Thermal Power Station

•Gas Based Power Stations1. Dhuvaran GBCCPP Unt-I2. Dhuvaran GBCCPP Unt-II3. Utran Gas Based Power Station (STG)

•Lignite Power Station1. Kutch Lignite Thermal Power Station

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•Hydro Power Stations1. Ukai Hydro Power Station2. Kadana Hydro Power Station3. Ukai left Bank Canal Hydro Power Station4. Panam Canal Mini Hydro Power Station

Its Power Projects Under Implementation are-

5. Kutch Lignite Thermal Power Station

6. Utran Gas Based Power Station

7. Sikka Coal based Power Station

8. Ukai Coal based Power Station

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List Of DirectorsSr. No

Name Official Address

1. Shri D J Pandian , IAS CHAIRMAN

Principal Secretary Govt. of Gujarat,Energy & Petrochemicals Dept., Block No. 5 / 5th Floor, New Sachivalaya, GANDHINAGAR -382 010.

2. Shri C L Meena, IAS  DIRECTOR

Principal Secretary (Expenditure)Finance Department, Government of Gujarat,Block No. 4/7,New Sachivalaya,GANDHINAGAR - 382 010

3. Shri I P Gautam,    IAS  DIRECTOR

Commissioner,Ahmadabad Municipal Corporation,AHMEDABAD.

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Sr. No

Name Official Address

4. Shri L. Chuaungo, IAS  DIRECTOR

Managing Director ,Gujarat Urja Vikas Nigam Limited,Sardar  Patel  Vidyut Bhavan, Race Course, VADODARA - 390 007.

5. Shri Benjamin S. Reuben DIRECTOR

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6. Shri H P Desai   DIRECTOR

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7. Shri P H Rana  MANAGING DIRECTOR DIRECTOR

Director (Technical),Gujarat Urja Vikas Nigam Limited,Sardar Patel Vidyut Bhavan, Race Course, VADODARA – 390 007.

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Other EmployeesCorporate Office Power Station

Shri P H RanaManaging Director

Shri D J ParmarAdditional Chief Engineer Wanakbori Thermal Power Station

Shri B N ChudasamaExecutive Director (Gen.)

Shri J N DoshiChief Engineer Gandhinagar Thermal Power Station 

Shri M B KakaGeneral Manager (F&A) 

Shri K H JoshiChief EngineerUkai Thermal Power Station

Shri V P JaniCompany Secretary

Shri J K Karathia

Additional Chief Engineer

KHEP

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Corporate Office Power Station

Shri A D KarpeI/c Chief General Manager (HR&A)

Shri M C JainChief EngineerKutch Lignite Thermal Power Station 

Shri P M ParmarChief Engineer (Generation)

Shri M D VyasChief EngineerSikka Thermal Power Station 

Shri R C ShahChief Engineer (P&P)

Shri S V LadaniAdditional Chief EngineerUtran Gas Based Power Station 

Shri M N PatelChief Engineer (Civil)

Shri M R PatelAdditional Chief EngineerDhuvaran Thermal Power Station 

Shri H N BaxiSupdt. Engineer (Fuel)

Shri R V PatelChief EngineerKevadiya - SSNL 

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Legal structureJoint Ventures / Acquisition / Subsidiaries

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

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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Organizational Structure Post Unbundling  (Erstwhile GEB)

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Operational ProfileMajor Products/ Business Lines

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). It’s 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

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.

2005-06 2006-07 2007-08 2008-09 2009-100

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Net Profit (in Lacs)

Net Profit (in Lacs)

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Risks and Concerns

GSECL shall own and, except as otherwise provided in this contract, shall bear all risk of loss with respect to, any equipment or other property on the Premises; shall be the sole responsibility of GSECL, except personal injury, death or property damage arising out of the gross negligence or willful misconduct of THE CONTRACTOR or THE CONTRACTOR's officers, members, directors, employees, agents, representatives, or, subcontractors, vendors or Affiliates.

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Key Success Factors

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SWOT Analysis

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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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 Coal-Fired Power Project In Gujarat State, India.May 06, 2010: GSECL Intends To Establish 1,000MW Gas-Fired 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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Company Initiatives & Strategy

Gujarat State Electricity Corporation Limited - Power - Deals and Alliances Profile ; 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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Corporate Social Responsibility

The company makes contribution towards Employees’ Provident Fund, Employees’ Pension Scheme and Employees Death Linked Insurance. In accordance with the provisions of these schemes, the Company is required to contribute a specified percentage of payroll costs. The Company has, during the year, recognized the sum of Rs. 18.55 crores (P.Y. Rs. 17.94 crores) as expense towards contributions to these plans.

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Annexure – Press Releases

•75 MW KLTPS Unit No. 4 has successfully entered into Commercial Operation from 20th December 2009.•Maximum Continuous running of Wanakbori TPS Unit no. 7 from 16.11.08 to 23.08.09 (280 days).•Maximum Continuous running of Wanakbori TPS Unit no. 4 from 09.11.08 to 18.04.09 (160 days).•Ever Highest Daily Generation of 28.853 Mus by River Bed Power House (RBPH) 28.853 MUs on 20.09.09.•Ever Highest Daily Generation of 3.871 Mus by Canal Head Power House (CHPH) on 12.09.09.•GSECL Corporate Office has been awarded ISO 9001:2008 certification by M/s DNV during July 09.•KLTPS received ISO 9001 on 5th MArch 2008 and ISO 14001 on 3rd June'08.•Ukai Hydro Power Station is declared 3rd best performing station in India during 2006-07 & awarded Bronze Shield for the same by MoP.

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Thank You