North Eastern Electric Power Corporation Limited

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.

North Eastern Electric Power Corporation Limited (NEEPCO)
Government of India's Public Sector Undertaking
IndustryElectricity
Founded2 April 1976
HeadquartersShillong, Meghalaya, India
Area served
Northeastern India
Key people
V.K Singh, Chairman
ProductsElectricity generation
2,108 crore (US$300 million)
OwnerMinistry of Power (India)
Number of employees
1,951 (Dec 2019)
Websitewww.neepco.co.in

Power generationEdit

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.

VentureEdit

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.[1]

NTPC Limited TakeoverEdit

On 21st of November 2019, the Government of India approved the take over of North Eastern Electric Power Corporation Limited (NEEPCO) by NTPC Limited.

See alsoEdit

ReferencesEdit

  1. ^ "About us". NEEPCO. Retrieved 19 March 2016.