Public Sector Undertakings

1. NTPC Limited
NTPC is the largest power generating company in India. NTPC was incorporated on 07.11.1975 with the objective to accelerate the integrated development of power sector in the country. Acknowledging contribution of NTPC to the entire power industry, NTPC was conferred the status of Navratna Company in 1997.
NTPC became a listed Company in 2004. In 2005, the company was renamed as 'NTPC Limited' in line with the changes taking place in the business portfolio of the company, transforming the company from a thermal power generator to an integrated power company with presence across entire energy value chain through diversification and backward & forward integration. NTPC has made foray into hydro power, renewable energy,coal mining, power trading, energy services, etc.
On 19.05.2010, NTPC was granted the coveted status of 'Maharatna Company' by the Government of India to make it a global giant.
NTPC envisions to be the world’s leading power company, energizing India’s growth. NTPC plans to become a 130 GW company by 2032 and envisages to add 60 GW of RE capacity by 2032. NTPC, in its journey towards energy transition,is also looking for opportunities in nuclear power, carbon capture and green chemicals.
NTPC has an authorized share capital of Rs. 16,600 Crores, while the paid-up capital is Rs. 9,696.67Crores.
NTPC's installed capacity, as on 28.02.2023 is 71,594 MW including 12,615 MW under Joint Ventures/Subsidiaries, comprising 58,154 MW from coal based power plants at thirty-four locations, 6511 MW from combined cycle gas/ naphtha based power plants at eleven locations, 3725 MW from hydro power plants at nine locations and 3204 MW from renewably energy based power plants at thirty-one locations
As of 28.02.2023, NTPC's share in the total installed capacity of the country is ~ 17% (including JVs/ Subsidiaries), while it is contributing around one-fourth (including JVs/ Subsidiaries) of the total power generation in the country.
NTPC has been allocated 7 coal blocks having total peak rated capacity of over 71 MMTPA. Out of these, 4 coal blocks are operational and 3 are under development.
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2. National Hydroelectric Power Corporation (NHPC)
National Hydroelectric Power Corporation Ltd. (NHPC) was incorporated in 1975 under Companies Act, 1956. The mission of NHPC is to harness the vast hydro, tidal and wind potential of the country to produce cheap/ pollution-free and inexhaustible power. NHPC would play a significant role in the integrated and efficient development of hydroelectric, tidal and wind power in the Central sector covering all aspects such as investigation, planning, designs, construction, operation and maintenance of hydroelectric, tidal and wind power projects. NHPC is a schedule A enterprise of the Government of India with an authorized share capital of Rs. 5,000 crores. With an investment base of over Rs. 10,000 crores, NHPC is among the top ten companies in the country in terms of investment.
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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.
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4. North Eastern Electric Power Corporation (NEEPCO)
North Eastern Electric Power Corporation Ltd. (NEEPCO) was constitutedin 1976 under the Companies Act 1956 with the objective of developing the large power potential of the North Eastern Region of the country through planned development of the North Eastern Region which has now expanded to other parts of the country and outside.Since then NEEPCO has grown into one of the pioneer public sectors with an authorized share capital of Rs 5000.00 crores. It is a schedule “A”Mini-Ratna, Category-I CPSE under the Ministry of Power.Presently, it is 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 58,356 MW (above 25 MW) constituting about 40% of the total reserves of the country (1,45,320 MW).The region has abundant natural gas sources. There is ample scope of development in this under developed region where the main infrastructure has been identified as power.

The main objective of the North Eastern Electric Power Corporation Ltd. is to add to the power generating capacity in the North Eastern Region by installing hydro, thermal and other RE power plants. Further, optimum utilization of commissioned generation projectsis also desirable for adequate internal sources along with justifiable return on investment and to continue sustained efforts to obtain the receivables from State Electricity Boards/Departments and other beneficiaries for undertaking long term feasibility studies for optimum development of available resources in North Eastern region. At present, NEEPCO is contributing 2057 MW out of a total installed capacity of 4991 MW in North Eastern region.

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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.
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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.
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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.
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8. THDC India Limited
THDC India Limited is a leading Power Sector and Profit-making Public-Sector Enterprise and registered as a Public Limited Company 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.
After Strategic Sale on 25th March’2020, 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 28th Feb’ 2023 is ₹3665.88 Cr.
THDCIL was constituted with the sole objective to develop, operate & maintain the 2400 MW Tehri Hydro Power Complex and other Hydro projects. The Corporation has grown into a Multi-Project Organization, with Projects spread over various States as well as neighbouring country, Bhutan. However, THDCIL has expanded its horizons and fully diversified in all types of conventional and non-conventional forms of energy.
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, Devbhumi Dwarka 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 KhurjaSTPP 1320 MW with Amelia Coal Mine). The other projects are under various stages of development / implementation.
Further, THDCIL is also 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)
An MoU has been signed between THDCIL and RRECL in Apr’2022 for development of 10,000 MW Ultra Mega Renewable Energy Parks in the Rajasthan state. The RE parks will be developed through a SPV in the form of a JV company between THDCIL and RRECL (Rajasthan Renewable Energy Corporation Limited). Accordingly, the Joint Venture Company namely ‘TREDCO Rajasthan Limited’ has been incorporated in Mar’2023.
Ministry of Power, GOI, has indicated two Hydroelectric projects (Kalai-II 1200 MW and Demwe-Lower 1750 MW) to THDCIL in Lohit Basin in Arunachal Pradesh for carrying suitable analysis and preparation of evaluation report to take up these projects.
MoP has indicated 10 Pumped Storage Projects with probable IC of 12555 MW to THDCIL in the state of Uttarakhand, Maharashtra, Tamil Nadu and Kerala to take up the matter with the concerned State Governments, carry out suitable analysis and prepare the evaluation reports expeditiously. THDCIL has commenced the preparation of pre-feasibility report of some of the projects.
THDCIL is also exploring possibilities of development of Hydro projects in Uttarakhand in association with ‘Uttarakhand Jal Vidyut Nigam Ltd.’ (UJVNL), an agency of Govt. of Uttarakhand. In this regard an MoU has also been signed between THDCIL and UJVNL in Mar’2023.

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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.
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