North Eastern Electric Power Corporation Limited
North Eastern Electric Power Corporation Limited (NEEPCO) is under the ownership of National Thermal Power Corporation Limited, 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 CPSE status.
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Type | Subsidiary of National Thermal Power Corporation Limited |
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Industry | Electricity |
Founded | 2 April 1976 |
Headquarters | Shillong, Meghalaya, India |
Area served | Northeastern India |
Key people | V.K Singh, IPES (Chairman) |
Products | Electricity generation |
₹2,544 crore (US$330 million) | |
Owner | National Thermal Power Corporation Limited, Ministry of Power, Government of India |
Number of employees | 1,686(Jan 2022) |
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
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l - liquidated Information updated as of January, 2020 by Department of Public Enterprises • See also Public sector banks in India |
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