North Eastern Electric Power Corporation Limited
This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (October 2015) (Learn how and when to remove this template message)
This article needs additional citations for verification. (October 2016) (Learn how and when to remove this template message)
|Government of India's Public Sector Undertaking|
|Founded||2 April 1976|
|Headquarters||Shillong, Meghalaya, India|
|V.K Singh, Chairman|
|₹2,108 crore (US$300 million)|
|Owner||Ministry of Power (India)|
Number of employees
|1,983 (OCT 2019)|
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 2019 is Rs.6300 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.
- "About us". NEEPCO. Retrieved 19 March 2016.