In the ten years since IPC was founded, the company has focused on power generation, establishing itself both as a developer and an operator of power plants. IPC has administered and supervised as technical operator coal-fired, gas-fired and hydroelectric plants privatised by governments by means of formal tender processes.

This operations capability of IPC is fundamental to its success in winning concessions to build new plants: industry regulators worldwide share the same rigid requirement that only a technically proficient operator can be allowed to manage power plants. This is as much for reasons of health and safety as of national security and economic reliability.

The ability to marry disparate financial and engineering skills has been at the centre of IPC’s success both in financing greenfield power projects and in acquiring on behalf of investor groups privatised plants which have subsequently been upgraded out of the cashflow arising from new PPAs negotiated by IPC’s management team. Since its formation, IPC has developed over 1,000MW of gas-fired power projects. Today, on its own account and through IPC affiliates Rurelec PLC and IPSA Group PLC, the IPC development team is working on over 2,500 MW of gas-fired development projects, 400 MW of coal-fired combined heat and power projects and 150 MW of combined cycle upgrade projects. IPC also manages gas-fired power plant capacity for BP in Latin America.

investor groups privatised plants which have subsequently been upgraded out of the cashflow arising from new PPAs negotiated by IPC’s management team. Since its formation, IPC has developed over 1,000MW of gas-fired power projects. Today, on its own account and through IPC affiliates Rurelec PLC and IPSA Group PLC, the IPC development team is working on over 2,500 MW of gas-fired development projects, 400 MW of coal-fired combined heat and power projects and 150 MW of combined cycle upgrade projects. IPC also manages gas-fired power plant capacity for BP in Latin America.

IPC has access to thirty or more specialist engineers available for its operations and maintenance contracts and for developing new plant capacity. These specialist engineers have typically worked in the past for the Britain’s Central Electricity Generating Board (CEGB) and for National Power PLC, formerly England’s largest power generator.

Normally six to nine months are required to develop a normal IPP project and to mobilise funds and resources. The typical timescale for construction of a fast track gas-fired open cycle project or a conversion from open cycle to CCGT is fifteen months. This is a faster construction timetable than that of many other power developers. In-house IPC skills are used for: Strategic Review; Country/market analysis; Financial modelling/monitoring; Legal review and Drafting of Contracts; Engineering; Project Design; Costing