THE WEST BENGAL POWER DEVELOPMENT CORPORATION LIMITED
A Govt Of West Bengal Enterprise | CIN : U40104WB1985SGC039154
Write to Us
POWERING BENGAL
> financial-highlights
Bakreswar TPS
Santaldih TPS
Sagardighi TPS
Bandel TPS
Kolaghat TPS
Solar Project Sagardighi
Financial Highlights
Sales
Rs.9,854 Crores trunover in 2018-19 with a growth of 8% on Y-o-Y
Turnover expected to cross Rs.11,000 crores in the next financial year
Steady Profitability
A consistent profit earning entity
Operating Profit stood at Rs.1,766 crores in 2018-2019 with a growth of 4.5% on y-o-y basis.
Investment in Capacity Addition
Financial Closure achieved for the proposed 660 MW unit at Sagardighi with the full loan component sanctioned by PFC.
Financing for other large and medium projects tied up with various nationalised banks.
Increase in share capital from Rs.4,493 crores in 2013-2014 to Rs.6,818 crores in 2018-2019, representing 52% rise in investment by the state government in the generation sector.
100% financing received by the state government for a few infrastructure and solar projects
Other Financial Achievements
Working Capital financing arranged from banks and institutions to take care of the growing requirement of the company after addition of 1,000 MW in the last three years
Significant secured debt reduction from Rs.7,475 crores in 2016-2017 to Rs.6,892 crores in 2017-2018, representing a reduction of 8% highlighting the self sustainability of the company
Financing is being sourced at the best available industry rates thereby reducing the interest cost of the company
The company has achieved successful closure of accounts using SAP platform. Bengal Birbhum Coalfields Ltd. has become 100% subsidiary of WBPDCL and for the first time in the history of WBPDCL, consolidated Ind AS Financial Statement has been prepared.