MPPKVVCL Company Profile:
The Government of Madhya Pradesh vide order dated 1st July, 02 has incorporated Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Limited as a wholly owned Government of Madhya Pradesh Corporations under the Companies Act, 1956 to undertake activities of distribution and retail supply for and on behalf of Madhya Pradesh State Electricity Board in the areas covered by the Commissionaires of Indore and Ujjain.
Govt. of MP proposed a transient phase in which the assets and liabilities would continue to be serviced by the Board, with only the operational activities being vested onto this new Company. Madhya Pradesh Electricity Regulatory Commission in the order dated 16th July, 02 has granted approval to this Operation and Management arrangement for facilitating the process of reform and reorganization and bringing in economy and efficiency in the operational activities of electricity sector.
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Objective:
The main objectives are to achieving efficiency gains and making necessary changes to make the Company commercially viable, progressively self sustainable and less government dependent and at the same time, balancing the interest of the consumers in regard to quality of service and economical tariff. The plan would include among other things, metering, billing, collection, identifying the present deficiencies and the improvements to be made, mapping supply feeders, measurement of energy supplied to feeders and energy audit, study of losses and scheme for progressive reduction, reduction in input costs, consumer affairs handling, investments required for improvements in the distribution system etc.
Vision Statement:
To rank amongst the best ten power distribution companies in India by the year 2010 in terms of:
Financial Viability
Consumer Satisfaction
Safety Measures
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Mission Statement:
To transform Company into a commercially viable and financially healthy enterprise by
Fostering growth of employees.
Adopting modern technology and best practices.
Reducing distribution losses.
Providing reliable, quality and safe power to the consumers at affordable rates
Promoting policies that support faster economic growth
Corporate Values:
To achieve its mission, the Company and its employees commit themselves to honesty and integrity, result oriented work, transparency in work, dedication to duty, Cost consciousness, openness to suggestions and feedback from all stake holders
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