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DPDC meaning in Business ?

Answer» What is Dhaka Power Distribution Company mean?

Dhaka Power Distribution Company Limited (DPDC) is a Public Limited Company under the Power Division of the Ministry of Power, Energy and Mineral Resources, Government of Bangladesh, that manages the distribution of electricity to the customers of the Dhaka City Corporation area. The company, created as a part of the Power Sector Reform Programme, was registered on 25 October 2005 under the Companies Act, 1994. The government owns 100% share of the company. DPDC started commercial operation on 1 July 2008 taking over from Dhaka Electricity Supply Authority (DESA). All the assets and liabilities of DESA were transferred to DPDC through an agreement signed in September 2008.

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