We are an experienced Turnkey Power Infrastructure
Development Company engaged primarily in design, supply
& erection of Extra High Voltage Transmission Lines & Grid
Sub Stations.
LLP Registration in India Requirements and Process
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VSPL Empowering Lives
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2. About Us
uļµāÆ We are an experienced Turnkey Power Infrastructure
Development Company engaged primarily in design, supply
& erection of Extra High Voltage Transmission Lines & Grid
Sub Stations.
uļµāÆ VSPL Energy Private Limited (Formerly known as Vishal
System Pvt. Ltd.) was founded in 1977 by Bimal Dayal, an
Electrical Engineer & a First Generation Entrepreneur who
started VSPL with a small capital to being recognized as
one of the leading names in this sector.
3. Vision and Mission
uļµāÆ Our Vision
The world is changing all around us. To continue to thrive as a business over the next ten years and
beyond, we must look ahead, understand the trends and forces that will shape our business in the future
and move swiftly to prepare for what's to come. We must get ready for tomorrow today. That's what our
Vision is all about. It creates a long-term destination for our business and provides us with a "Roadmap".
Our Vision serves as the framework of our road map & guides every aspect of our business by
describing what we need to accomplish in order to continue sustainable, quality growth.
uļµāÆ Our Mission
Our mission starts with our road map, which is enduring. We would like to be recognized as a leading,
professional & ethical engineering, procurement & construction (EPC) company focused towards Power
Infrastructure development.
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4. Values
Leadership
The courage to
shape a better
future
Integrity
Be real
Accountability
If it is to be, it's
up to me
Passion
Committed in
heart & mind
Quality
What we do, we
do well
Collaboration
Leverage
collective genius
5. Core Team
Bimal Dayal
Managing Director
An Electrical Engineer & a Visionary first generation
Entrepreneur who founded IBS Electricals in 1977
(Now known as VSPL Energy Private Limited). He
started his professional journey with Patna Electric
Supply Co. in 1964 & went on to become an
Entrepreneur in 1977. He has over 45 years of
experience in survey, design, estimation & construction
of sub stations & transmission lines. His experience &
expertise are a great asset to VSPL.
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Vishal Anand
Chief Executive Officer
Vishal is an Economics & Management Graduate with over 20
years of experience in Banking, Insurance, Real Estate & Power
Sector. He has worked in Senior Management Positions with
various Foreign Banks. His sharp business acumen, out of the box
thinking, excellent business development skills, bright ideas &
ability to collaborate has given tremendous boost to the growth of
VSPL Energy Private Limited in the last 2 years. He aims to build
VSPL into one of the leading & most professional EPC Companies.
6. Core Team
J S Verma
Director Finance &
Liaison
A Commerce Graduate with
over 30 years of hands on
experience in this industry. He
joined Vishal System in 1983
and since then has been an
i n t e g r a l p a r t o f t h e
organisation. He looks after
L i a s o n i n g , F i n a n c e &
Operations.
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Sudip Kumar Dutta
Vice President - Projects
Sudip is an Electrical Engineer with over 35
years of extensive project execution
experience in the Power Sector. He retired as
General Manager from Power Grid
Corporation of India where he was
accountable for project execution & managing
transmission network, sub stations, O & M of
the transmission system & leading a team of
Engineers, supervisors & technicians. Sudip
brings a vast project execution knowledge &
experience to VSPL.
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Swapan Mukherjee
Advisory Board
Swapan Mukherjee, a Technocrat with over 40
years of experience, retired as the Chairman of
Bihar State Electricity Board. He has an
Electrical Engineering degree from National
Institute of Technology, Bihar. As the Chairman of
the board for 3 years, he was responsible for
transformation & execution of the entire generation,
transmission & distribution network in Bihar. He is
one of the most well known names in this sector.
His rich experience & strong networking is an asset
for VSPL.
8. Performance Highlights
uļµāÆ Nearly 40 years of experience in the sector.
uļµāÆ āAAAā Highest rating by SMERA (A SEBI Registered & RBO accredited Rating Agency)
uļµāÆ Between FY 2014-2017, VSPL has seen a growth of over 600%.
uļµāÆ Work in progress of over Rs.110 Cr.
uļµāÆ 95% of our projects have been completed within the scheduled period, highlighting our execution capabilities.
uļµāÆ Constructed approx. 100 kms. of DCDS 132 kV Transmission Lines on turnkey basis between 2015-2017.
uļµāÆ Constructed 20 Nos. 132 kV Line Bays & 11 Nos. 132/33 kV Transformer Bays on turnkey basis between
2015-2017.
uļµāÆ Our bank guarantee has never been invoked in the last 40 years of our existence.
9. Ongoing Projects
Supply, Design,
Construction &
erection of 132 kV
Transmission Line
from Naharlagun-
Sagali (45 Kms) in
Arunachal Pradesh
for PGCIL with a
value of Rs.32.60
Cr
16 Nos. 132kV
Line bays at
various
locations in
Bihar with a
value of
Rs.22.90 Cr.
2nd Circuit
Stringing of
132 kV
Transmission
Lines of 240
Kms with a
value of Rs.
23.16 Cr.
Extension of
132/33 kV GSS
at Jharkhand with
a value of Rs.
9.55 Cr.
Supply &
Erection of 35
Km 220 kV
Transmission
Line in
Jharkhand for
Rs.22 Cr.
L1 for 16 Km
132 kV Line
from Nagar
Untari in
Jharkhand for
Rs.9.35 Cr.
10. Order book targets
2018
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2018 targets-
order book of
about 200 Cr.
40-50% growth
targeted over
2018 goals
2019
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2020
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40-50% growth
targeted over
2019 goals
11. Targeted Geographies
Consolidate our position in
Bihar, Jharkhand & the
North East & expand to
new states like
uļµāÆ Chhattisgarh
uļµāÆ Uttar Pradesh
uļµāÆ Uttarakhand
uļµāÆ Haryana
uļµāÆ Rajasthan