North Eastern Electric Power Corporation Limited

North Eastern Electric Power Corporation Limited (NEEPCO)
Government of India's Public Sector Undertaking
Industry Electricity
Founded 02.04.1976
Headquarters Shillong, Meghalaya, India
Area served
Northeastern India
Key people
Chairman = A.G. West Kharkongor
Products Electricity generation
1,700 crore (US$240 million)
Owner Ministry of Power (India)
Number of employees
2,184 [march 2018]
Website www.neepco.co.in

'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. It has 60% of total installed capacity of North east region, which is 1457 MW. NEEPCO's authorised share capital is Rs 5000 Crores at present and its net worth as of 31 March 2018 is Rs 6132 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.

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References

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