North Eastern Electric Power Corporation Limited

Central Public Sector Undertaking

North Eastern Electric Power Corporation Limited (NEEPCO)
Company typeCentral Public Sector Undertaking
IndustryElectricity
Founded2 April 1976
HeadquartersShillong, Meghalaya, India
Area served
Northeastern India
Key people
Gurdeep Singh, (CMD) Additional charge
ProductsElectricity generation
Net income
4,570 crore (US$550 million) (2022/23)
OwnerMinistry of Power, Government of India
Number of employees
1,432(Feb 2024)
Websitewww.neepco.co.in

North Eastern Electric Power Corporation Limited (NEEPCO) is a central public sector undertaking. It is under the ownership of Ministry of Power, Government of India. It was formed on 2 April 1976 to plan, investigate, design, construct, generate, operate and maintain power stations in the North Eastern Region of India. NEEPCO is conferred with the Schedule A- Miniratna Category-I CPSU status.

Venture

NEEPCO is embarking on a plan to generate power from non-conventional sources of energy, especially by tapping solar power and wind in the coming years. Current capacity of NEEPCO is 2057 MW (2021).[1]

NTPC Limited takeover

On 21 November 2019, the Government of India approved the take over of North Eastern Electric Power Corporation Limited (NEEPCO) by NTPC Limited.[2]

See also

References

  1. ^ "About us". NEEPCO. Retrieved 19 March 2016.
  2. ^ "Press Releases | NTPC".
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Information updated as of January, 2020 by Department of Public Enterprises • See also Public sector banks in India