Friday, May 13, 2022

NEEPCO achieves many new milestones during the FY 2021-22

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New Delhi: In the financial year 2021-22, North Eastern Electric Power Corporation Limited (NEEPCO) have achieved many new milestones. The generation has crossed the mark of 8,000 million units for the first time in the history of NEEPCO. The total income is more than Rs 3,300 crores and profit before tax has exceeded Rs 400 crores. The company has been rated as AA+ with a stable outlook by the rating agencies.

On the eve of its 47th foundation day, the company has taken a pledge to not restrict themselves to achieving set targets but also to create and achieve new benchmarks. NEEPCO’s Chairman & Managing Director (CMD) VK Singh said that the road ahead will be challenging, but he is confident that the founding values and past success will motivate all employees to strengthen their capabilities and produce results. NEEPCO is a Miniratna PSU with a 2057 MW installed capacity.

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