North Eastern Electric Power Corporation Limited
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North Eastern Electric Power Corporation Limited (NEEPCO) is a schedule-A 'MINI RATNA' Category-1 Central public sector Enterprise owned by the Government of India under the Ministry of Power, formed on 2 April 1976 to plan, investigate, design, construct, generate, operate and maintain power stations in the North Eastern Region of the country.
|Government of India's Public Sector Undertaking|
|Founded||2 April 1976|
|Headquarters||Shillong, Meghalaya, India|
|V.K Singh, Chairman|
|₹2,108 crore (US$300 million)|
|Owner||Ministry of Power (India)|
Number of employees
|1,951 (Dec 2019)|
It has 60% of total installed capacity of North east region, which is 1757 MW. NEEPCO's authorised share capital is Rs.5000 Crores at present and its net worth as of 31 March 2019 is Rs.6300 Crores. NEEPCO is a premier profit making corporation and also offer one of the best pay packages in the industry.
NEEPCO is embarking on a plan to generate at least 1500 MW power from non-conventional sources of energy, especially by tapping solar power and wind in the next five years. NEEPCO has 1 power project under development namely 600 MW Kameng HEP.
NTPC Limited TakeoverEdit
- "About us". NEEPCO. Retrieved 19 March 2016.