North Eastern Electric Power Corporation Limited
North Eastern Electric Power Corporation Limited (NEEPCO) is an Indian electricity utility company, a public sector enterprise owned by the Maharatna PSU National Thermal Power Corporation Limited (NTPC Ltd). 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 CPSE status.
 | |
| Type | Fully owned subsidiary of NTPC Ltd. |
|---|---|
| Industry | Electricity |
| Founded | 2 April 1976 |
| Headquarters | Shillong, Meghalaya, India |
Area served | Northeastern India |
Key people | V.K Singh, Chairman |
| Products | Electricity generation |
| ₹2,167 crore (US$300 million) | |
| Owner | Ministry of Power (India) |
Number of employees | 1,785 (Feb 2021) |
| Website | www |
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]
References
- "About us". NEEPCO. Retrieved 19 March 2016.
- https://www.ntpc.co.in/en/media/press-releases/details/ntpc-buys-74496-equity-stake-thdc-india-purchases-100-stake-neepco