Summary
Since it was founded in November 1995, IPC has developed and operated 9,250 MW of coal-fired, gas-fired, diesel-fired and hydroelectric power plants of which 2,301 MW was owned by IPC itself. It has acted as formal sponsor to 5,650 MW of greenfield capacity involving both open cycle and combined cycle turbines. As of December 2021, it is developing 1,450 MW of new thermal plant on its balance sheet together with over 4,000 MW of offshore wind projects spread over four countries. Additionally, IPC has operated 1,000 MW of gas-fired plant and operated or developed over 500 MW of hydroelectric plant for special purpose plant owning companies for IPC shareholders, corporates and governments.