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Odisha Coal And Power Limited
Odisha Coal and Power Limited (OCPL) is a coal mining company owned by Government of Odisha. It was incorporated under the Companies Act 2013 on 20 January 2016. It has been allocated with two coal blocks in the state of Odisha by the Ministry of Coal, Government of India namely Manoharpur and Dipside of Manoharpur coal blocks in Sundergarh District of Odisha. OCPL was started as a Joint venture company of Odisha Power Generation Corporation Limited and Odisha Hydro Power Corporation Limited The Odisha Hydro Power Corporation or OHPC is a Public Sector Undertaking of Government of Odisha which was incorporated under the Companies Act 1956 The Companies Act 1956 was an Act of the Parliament of India, enacted in 1956, which enab ..., with 51% and 49% partnership respectively. However, in February, 2023 the shares of OHPC was taken over by Government of Odisha. The shareholding pattern of OCPL is as follows Project The OCPL has been allotted two coal blocks namely ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy In Odisha
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Companies Established In 2015
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Bhubaneswar
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal Companies Of India
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous (Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some iron a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odisha Hydro Power Corporation Limited
The Odisha Hydro Power Corporation or OHPC is a Public Sector Undertaking of Government of Odisha which was incorporated under the Companies Act 1956 The Companies Act 1956 was an Act of the Parliament of India, enacted in 1956, which enabled companies to be formed by registration, and set out the responsibilities of companies, their directors and secretaries. It was repealed and replaced b ... on 21 April 1995 with the objective of establishing, operating, maintaining, renovating & modernizing hydro, thermal and other forms of power generating station besides owning, developing and operating coal mines for supply of fuel to the thermal power stations. Power stations * Hirakud Hydro Electric Project (Burla) * Chiplima Hydro Electric Project (Chiplima) * Balimela Hydro Electric Project (Balimela) * Rengali Hydro Electric Project (Rengali) * Upper Kolab Hydro Electric Project (Bariniput) * Upper Indravati Hydro Electric Project (Mukhiguda) * Machkund Hydro Electric Projec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odisha Power Generation Corporation Limited
Odisha Power Generation Corporation Limited (OPGC) is the only thermal power generating company owned by the Government of Odisha. It was incorporated under the Companies Act 1956 on 14 November 1984. OPGC started as a solely owned Government Company of the state of Odisha. It owns and operates four units of power plant- 2 units of 210 MW each and 2 units of 660 MW, each totaling a generation capacity of 1740 MW of power at Ib Thermal Power Station (ITPS), Banharpali in Jharsuguda District of Odisha. The generation from these units is committed to GRIDCO on the basis of a long-term Power Purchase Agreement. With the divestment of 49% of the equity shares in favor of AES Corporation, in early 1999, the ownership structure of OPGC became unique of its kind in the country. Following the withdrawal of AES from OPGC in December 2020, Govt. of Odisha bought back the 49% equity held by AES through another State-owned entity Odisha Hydro Power Corporation Limited (OHPC). Thus, OPGC ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odisha
Odisha (English: , ), formerly Orissa ( the official name until 2011), is an Indian state located in Eastern India. It is the 8th largest state by area, and the 11th largest by population. The state has the third largest population of Scheduled Tribes in India. It neighbours the states of Jharkhand and West Bengal to the north, Chhattisgarh to the west, and Andhra Pradesh to the south. Odisha has a coastline of along the Bay of Bengal in Indian Ocean. The region is also known as Utkala and is also mentioned in India's national anthem, " Jana Gana Mana". The language of Odisha is Odia, which is one of the Classical Languages of India. The ancient kingdom of Kalinga, which was invaded by the Mauryan Emperor Ashoka (which was again won back from them by King Kharavela) in 261 BCE resulting in the Kalinga War, coincides with the borders of modern-day Odisha. The modern boundaries of Odisha were demarcated by the British Indian government when Orissa Province was es ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bhubaneswar, Odisha
Bhubaneswar (; ) is the capital and largest city of the Indian state of Odisha. The region, especially the old town, was historically often depicted as ''Ekamra Kshetra'' (area (''kshetra'') adorned with mango trees (''ekamra'')). Bhubaneswar is dubbed the "Temple City", a nickname earned because of the 700 temples which once stood there. In contemporary times, it has emerged as an education hub and an attractive business destination. Although the modern city of Bhubaneswar was formally established in 1948, the history of the areas in and around the present-day city can be traced to the 7th century BCE and earlier. It is a confluence of Hindu, Buddhist and Jain heritage and includes several Kalingan temples, many of them from 6th–13th century CE. With Puri and Konark it forms the 'Swarna Tribhuja' ("Golden Triangle"), one of Eastern India's most visited destinations.Ramesh Prasad Mohapatra, ''Archaeology in Orissa'', Vol I, Page 47, B. R. Publishing Corporation, Delhi, 1986, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of India
The Government of India ( ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a bicameral Parliament, President, aided by the Council of Ministers, and the Supreme Court respectively. Through judicial evolution, the Parliament has lost its sovereignty as its amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legislature have negligible say. Etymology and history The Government of India Act 1833, passed by the British parliament, is the first such act of law with the epithet "Government of India". Basic structure The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Coal
The Ministry of Coal is an Indian government ministry headquartered in New Delhi. The portfolio is held by Cabinet Minister Pralhad Joshi. The Ministry of Coal is charged with exploration of coal and lignite reserves in India, production, supply, distribution and price of coal through the government-owned corporations Coal India Limited and its subsidiaries, as well as Neyveli Lignite Corporation. The Ministry of Coal also manages the Union Government's 49 percent equity participation in Singareni Collieries Company, a public sector undertaking that is a joint venture with Government of Telangana. in which equity is held partly by the State Government of Telangana (51%) and the Government of India. Ministers of Coal List of Ministers of State Organisations Central Public Sector Undertakings *Coal India *Neyveli Lignite Corporation Statutory Bodies *Coal Mines Provident Fund Organisation (CMPFO) *Coal Mines Welfare Organisation *Commissioner Of Payments Functions And ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
