Public Sector Undertakings

1. NTPC Limited
 
NTPC is India’s largest energy conglomerate with roots planted way back in 1975 to accelerate power development in India. Since then, it has established itself as the dominant power major with a presence in the entire value chain of the power generation business.
From fossil fuels, it has ventured into hydro and renewable energy sources and has now made a foray into nuclear power generation. This foray will play a major role in lowering its carbon footprint by reducing greenhouse gas emissions. To strengthen its core business, the company has diversified into the fields of coal mining, consultancy, power trading, training of power professionals etc.It is also looking for opportunities in carbon capture and green chemicals.
NTPC became a listed Company in 2004 and a Maharatna company in 2010. It envisions being the world’s leading power company, energizing India’s growth and plans to become a 130 GW company by 2032. NTPC is ranked No. 1 Independent Power Producer (IPP) in Platts Top 250 Global Energy Company rankings 2022. The company has a dedicated workforce of over 18,000 and plays a crucial role in keeping the lights on for millions of homes and businesses across India. Highlighting its commitment to employee well-being, NTPC secured a spot as one of the “World’s Best Employers 2023,” the only Indian public sector undertaking to do so. This achievement reflects their world-class people practices, including a modern performance management system and continuous learning opportunities. NTPC became the first energy company in the world to declare its Energy Compact goals as part of the UN High-level Dialogue on Energy (HLDE). The company has set a target to install 60 GW of renewable energy capacity by 2032 and is aiming for 10% reduction in net energy intensity by 2032. NTPC group’s installed capacity, as of 30.04.2024 is 76,015 MW including 16,880 MW under Joint Ventures/ Subsidiaries. This comprises 62,194 MW from coal-based plants, 6511 MW from combined cycle gas/ naphtha-based power plants, 3725 MW from hydropower plants and 3585 MW from renewable energy-based power plants. NTPC has been allocated 9 coal blocks having a total peak rated capacity of 91.6 MMTPA. Out of these, 6 coal blocks are operational and 3 are under development. NTPC contributes one-fourth of the total power generated in the country with one- sixth of the countries installed capacity. NTPC’s robust financial position is reflected in its strong balance sheet, its ability to attract debt at most competitive rates and its consistent dividend payments thus maximising stakeholder’s value while maintaining a strong market presence.
 
For further details, please surf the site at: https://www.ntpc.co.in
 
2. National Hydroelectric Power Corporation (NHPC)
 
NHPC Limited is the largest hydropower development organization in India, with capabilities to undertake all the activities from conceptualization to commissioning of hydro projects. NHPC has also diversified in Solar Power, Wind Power, Pumped storage and Green Hydrogen, Power Trading etc. NHPC Ltd. (Formerly known as National Hydroelectric Power Corporation Ltd.) was incorporated in 1975 under Companies Act, 1956. The company is mandated to plan, promote and organize an integrated and efficient development of power in all its aspects through Conventional and Non-Conventional Sources in India and abroad. NHPC is a listed company on NSE and BSE since 2009.

NHPC has an authorized share capital of ₹ 15,000 crores, paid-up share capital of ₹ 10,045.03 crore and an investment base of ₹78089.17 crore.(as on December 31, 2023)

NHPC's total installed capacity is 7144.20 MW (as on 31stMarch 2024) including 1593 MW in Joint Venture, comprising 6971.20 MW from 22 Hydro Power Stations, 123 MW from three Solar Power Project and 50 MW from a Wind Power Project. NHPC's hydro share of 6971.20 MW comes to about 14.85% of the country’s total installed Hydro capacity of 46928.17 MW.

 

For further details, please surf the site at : www.nhpcindia.com
 
3. Rural Electrification Corporation (REC)
 
Rural Electrification Corporation (REC) was set up in 1969 with the primary objective of providing financial assistance for rural electrification in the country. REC was declared a Public Financial Institution under Section 4-A of the Companies Act in 1992. In February 1998. the Corporation was registered as a Non-Banking Financial Company under Section 45-1A of the RBI Act, 1934. The authorized share capital of the Corporation is Rs. 800 crores. During the year 1998-99 Government of India has contributed Rs. 50 crores towards the share capital of the Corporation increasing its paid up capital to Rs. 680.60 crores as on 30.11.1998.
 
Rural Electrification Programmes financed by the Corporation cover electrification of villages, including tribal villages and Dalit Bastis, energisation of pump sets, provision of power for small, agro-based and rural industries, lighting of rural households and street lighting. The Corporation has also been providing assistance to the State Electricity Boards for taking up system improvement projects for strengthening and improving sub-transmission and distribution system and small generation projects like wind energy and hydel projects. In addition, under Kutir Jyoti programme in 1988-89 by the Govt. of India, one time initial cost of internal wiring and service connection charges up to a maximum limit of Rs. 1000.00 per connection with installation of meter or Rs. 800 per connection without meter is provided to rural households below poverty line as grant through the State Govts./ SEBs.
 
For further details, please surf the site at :http://www.recindia.com
 
4. North Eastern Electric Power Corporation (NEEPCO)
 

North Eastern Electric Power Corporation Ltd. (NEEPCO) was constituted in 1976 under the Companies Act 1956 with the objective of developing the large power potential of the North Eastern Region of the country. Over the years, NEEPCO has grown into one of the pioneer public sector enterprise with an authorized share capital of Rs 5000.00 crores. NEEPCO was upgraded to Schedule ‘A’ Enterprise in 2008 and later conferred with Mini-Ratna Category – I status in 2013. Since March 2020, the Company has become a wholly owned subsidiary of NTPC.

The North Eastern Region of the country is blessed with highest hydro power potential of the country which is estimated at 55,930 MW (above 25 MW) constituting about 42% of the total reserves of the country (1,33,410 MW).
The main objective of the North Eastern Electric Power Corporation Ltd. is to add to the power generating capacity in the country by installing hydro, thermal and other RE power plants. At present, out of a total installed capacity of 5052 MW in North Eastern Region, NEEPCO is contributing 2057 MW comprising of 8 (eight) hydro power stations with combined capacity of 1525 MW, 3 (three) gas-based thermal power stations with combined capacity of 527 MW and 1 (one) solar power station of 5 MW capacity.
NEEPCO has signed MoAs on 12th August 2023 with the Govt. of Arunachal Pradesh for development of five hydro projects in the State having an aggregate capacity of 2626 MW. The projects are Tato – II HEP (700 MW), Tato – I HEP (186 MW), Heo HEP (240 MW), Naying HEP (1000 MW) and Hirong HEP (500 MW).   Earlier, NEEPCO had signed MoAs for development of Nafra HEP (120 MW), Kurung HEP (330 MW) & New Melling HEP (180 MW) in the state of Arunachal Pradesh and WahUmiam St – III HEP (85 MW), WahUmiam St – I HEP (50 MW) &WahUmiam St – II HEP (100 MW) in the state of Meghalaya.
For the development of Pumped Storage projects, 660 MW Panyor PSP has been identified at the existing 405 MW Panyor Lower HPS in Arunachal Pradesh and 320 MW Kopili PSP has been identified at the existing 275 MW Kopili Hydro Power Station in Assam. Pre-Feasibility Report (PFR) for both the projects have been completed and are under examination.
In regards to the Solar RE Projects, PFR for 40 MW Floating Solar Project (FSP) at Kopili HPS has been completed. Possibilities of setting up of Solar Projects in other parts of the country are also being explored.
With the proposed upcoming projects of NEEPCO in the pipeline, the Corporation is likely to become a 6000+ MW company in the next 10 years.

For further details, please surf the site at: http://www.neepco.co.in
 

5. Power Finance Corporation (PFC)
 
The Power Finance Corporation Ltd. (PFC) was incorporated on 16th July, 1986 under the Companies Act, 1956. The mission of PFC is to function as the prime development financial institution dedicated to the growth and overall development of the power sector. The borrower-portfolio of PFC comprises the State Electricity Boards, State Generation Corporations, Municipal run power utilities besides the central and private sector power utilities. The funds provided by the Corporation are in the nature of the additional to Plan Allocation (in respect of SEBs etc.) and based on the merits of the individual projects. As on 30th June, 1999, the Authorized Capital and the paid-up (equity) capital of the Corporation stood at Rs. 2000 crores and Rs. 1030 crores respectively. The Power Finance Corporation is a schedule 'A' organization.
 
For further details, please surf the site at : www.pfcindia.com
 
6. Power Grid Corporation of India (POWER GRID)
 
POWER GRID was established in October 23, 1989 with the mandate to "establish and operate Regional and National Power Grids to facilitate transfer of power within and across the Regions with reliability, security and economy on sound commercial principles" as its mission. POWER Grid's persistent efforts to accord the deserved priority to the transmission sector, which has so far eluded this vital sector of India has been recognized and POWER GRID has been statutorily acknowledged as Central National Transmission Utility of the country.
 
During the last 7 years, the company has added around 13,000 ckt. Kms. EHV transmission lines to the national network. Asset base of the company grew from Rs. 3521 crores in 1992-93 to Rs. 8096 crores in 1997-98 and turnover from a modest Rs. 634 crores in 1992-93 to rs. 1434.68 crores in 1997-98. Power Grid operates over 31,000 ckt kms of transmission lines comprising 400 KV, 220 KV, 132 KV AC transmission lines and HVDC transmission system with a total installed transformation capacity of around 28,000 MVA distributed over 55 substations and maintained at a persistent level of over 98% of the availability.
 
For further details, please surf the site at : www.powergridindia.com
 
7. SJVN – A Mini Ratna Company
 
SJVN Limited, a Mini Ratna& Schedule 'A' CPSU under Ministry of Power, Govt. of India, is a joint venture between the Government of India &Governmentof Himachal Pradesh. SJVN was incorporated onMay 24, 1988 to plan, promote, develop all forms of power and all ancillary activities related thereto, in India and abroad.
SJVN was conferred with the prestigious ‘Mini Ratna’ status in May 2008 and is a listed company since 2010. Present equity share holding of GoI, GoHP and Public is 59.92%, 26.85% and 13.23% respectively. SJVN has authorized capital of Rs 7000 crore and paid up capital of Rs 3930 crore.
Beginning with construction of India’s largest 1500 MW NathpaJhakri HPS, today the company has commissioned seven generation power projects totalling 2092 MW installed capacity. SJVN is presently implementing power projects in Himachal Pradesh, Uttarakhand, Bihar, Maharashtra, Gujarat, Rajasthan, Uttar Pradesh, Madhya Pradesh, Punjab, Assam, Mizoram, Odisha and Arunachal Pradesh in India besides neighbouring country- Nepal.
SJVN’s present portfolio (December, 2022), comprises ofsixty seven power projects having 44378 MW total capacity and three transmission lines of 340 km length under various stages of development. SJVN has diversified in to generating all forms of power – hydro, wind, solar, thermal and is also in to transmission line and power trading businesses.
 
For further details, please surf the site at : http://sjvn.nic.in
 
8. THDC India Limited
 

THDC India Limited is a leading profit making Public Sector Enterprise registered in July’1988 under the Companies Act, 1956. THDCIL was conferred ‘Mini Ratna–Category-I status in Oct’2009 and up-graded to Schedule ‘A’ PSU in July’2010 by the Govt. of India.

The Equity of company was earlier shared between Govt. of India and GoUP in the ratio of 75:25. Pursuant to Strategic Sale, the Share Purchase Agreement was executed between NTPC Limited and President of India on 25th March’2020 for acquisition of legal and beneficial ownership of equity held by the President of India in THDC India Limited. After Strategic Sale, The equity in THDC India Limited is shared between NTPC Limited and Government of UP in a ratio of 74.496% and 25.504%.

The Authorized Share Capital of the Company is ₹ 4000 Cr and paid-up capital as on 31st Aug’2023 is ₹3665.88 Cr.

THDCIL was constituted with the sole objective to develop, operate & maintain the 2400 MW Tehri Hydro Power Complex (Tehri HPP-1000 MW, Tehri PSP-1000 MW and Koteshwar HEP-400 MW) and other Hydro projects. THDCIL has expanded its horizons and fully diversified in all types of conventional and non-conventional forms of energy. The Corporation has grown into a Multi-Project Organization, with Projects spread over various States as well as neighbouring country, Bhutan.

Presently, THDCIL has a portfolio of Hydro, Thermal, Wind & Solar Power Projects, with a total capacity of 4516 MW. This, includes 1587 MW operational Projects (Tehri HPP-1000 MW, Koteshwar HEP-400 MW, Dhukwan SHP-24 MW, Patan Wind Farm-50 MW, DevbhumiDwarka Wind Farm-63 MW and Kasaragod Solar Power Plant -50 MW), and 2764 MW under Construction Projects (Tehri PSP- 1000 MW, VPHEP 444 MW and Khurja STPP 1320 MW with Amelia Coal Mine) and 165 MW Bokang Bailing HEP is under DPR stage.

Further with the focus on clean and green energy, THDCIL is developing 2000 MW Solar Power Parks in State of Uttar Pradesh, Jhansi (600 MW), Lalitpur (600 MW) and Chitrakoot (800 MW)] through a Joint Venture Company namely ‘TUSCO Ltd’ (incorporated in Sep’2020) between ‘THDCIL’ and ‘UPNEDA’ (a Unit/Agency of Govt. of U.P). Subsequently, another JV Company named ‘TREDCO Rajasthan Ltd.’ between THDCIL and RRECL (Rajasthan Renewable Energy Corporation Limited) has also been incorporatedfor development of 10,000 MW Ultra Mega Renewable Energy Parks in the Rajasthan state.

THDCIL is also exploring possibilities of development of Hydro projects in Uttarakhand. THDCIL and Uttarakhand Jal Vidyut Nigam Limited (UJVNL) has entered into the Memorandum of Understanding (MoU) in Mar’2023 to harness the untapped potential of Hydro Power Projects in Uttarakhand.

For further details, please surf the site at: http://www.thdc.co.in

9. Power System Operation Corporation Limited (POSOCO)
 
Power System Operation Corporation Limited (POSOCO) is a wholly owned Government Company  under Ministry of Power. POSOCO is operating National Load Despatch Centre (NLDC), located at New Delhi, and five Regional Load Despatch Centers (RLDCs) located at Kolkata, Shillong, New Delhi, Mumbai and Bangaluru. As per the mandate of the Electricity Act 2003, RLDCs and NLDC are the apex bodies for real time integrated operation of National Grid.
 
POSOCO facilitates transfer of electric power within and across the regions and trans-national exchange of power and also performs various other functions assigned by the Govt. of India, from time to time. Further, POSOCO observes compliance of the Rules, Guidelines and Standards to be followed by various power sector agencies. 
 
In addition to ensuring reliability & security, with economy through effective System Operation and Market Operation activities, POSOCO has been entrusted with the responsibilities of implementation of Renewable Energy Certificate (REC) Mechanism, Registry of Energy Saving Certificates (ESCerts), Implementing Agency for the  Point of Connection (PoC) based  transmission charges, power supply regulation, etc.
 
For further details, please surf the site at : http://www.posoco.in