SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India Power Corporation to invest Rs 33 crore in Gaya, Bodh Gaya

07 Oct 2014 Evaluate

In a bid to upgrade infrastructure of power distribution in Gaya and Bodh Gaya, India Power Corporation (IPCL) is planning to invest Rs 33 crore. In this regard, the company has submitted an investment plan of minimum Rs 33 crore to the Bihar Electricity Regulatory Commission (BERC).

In June 2014, IPCL’s wholly owned subsidiary, India Power Corporation (Bodhgaya) Limited, entered into an agreement with South Bihar Power Distribution Company Limited (SBPDCL) for a 15-year distribution franchise for supply of power to Gaya, Bodh Gaya and Manpur areas in Bihar.

Kolkata-based IPCL is into electricity generation, transmission, distribution and trading. It has a thermal power plant at Dishergarh (West Bengal) and is setting up a second one in Haldia. The company has wind assets in Rajasthan, Gujarat and Karnataka, a solar power plant in Asansol.

Peers
Company Name CMP
NTPC 397.90
Tata Power 433.65
Adani Power 200.80
Power Grid Corp 319.60
Torrent Power 1605.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×