North Eastern Electric Power Corporation Limited (NEEPCO) , a Schedule "A" Government of India Enterprise under the Ministry of Power was set up on the 2nd of April, 1976 to plan, investigate, design, construct, generate, operate and maintain power stations in the North Eastern Region of the country. NEEPCO has an installed capacity of 1130 MW which is 55% of the total installed capacity of the N.E Region. NEEPCO's authorised share capital is Rs 5000 Crores at present and its net worth as on 31st March 2011 is Rs 4619.14 Crores.
With its headquarters in the charming town of Shillong, the capital of Meghalaya, NEEPCO is a power sector enterprise with projects located in the various states of the North East. MISSION
To harness the vast hydro & thermal power potential To produce pollution free and inexhaustible power through planned development of power generation projects. To play a significant role in the integration and development of hydroelectric and thermal power in the Central Sector covering all aspects such as investigation, planning, designs, construction, operation and maintenance of hydroelectric and thermal projects which in turn would effectively promote the development of the nation as a whole. CORPORATE OBJECTIVES
For fulfillment of its mission, NEEPCO has set the following objectives for the year commensurate with the aims, programmes and policies of the government evolved from time to time:
To responsibly exploit the vast hydro & thermal power potential for sustainable development of N.E Region To undertake execution of new hydro/thermal schemes and undertake timely renovation & modernisation of existing old hydro and thermal plants. To execute on-going hydro/thermal projects as per targets set, so as to achieve commissioning of such projects as per schedule or ahead of schedule. To ensure optimum utilization of installed capacity so as to achieve maximum generation and optimum machine availability . To improve the Quality Management System, NEEPCO is already registered as an ISO: 9001-200 Company, NEEPCO has also been accredited with OHSAS 18001 for occupational health and safety risk management system and ISO 14001 for environmental management system. To complete DPR of new schemes for hydro/thelmal projects as per schedule or ahead of schedule as and when estimated by Central Electricity Authority (CEA) To promote industrial growth and prosperity of the N.E region by fulfilling the need of supply of electricity thereby improving the quality of of life of the region. To improve the socio economic condition of the neighbourhood by providing infrastructure , medical schooling and the creation of productive environment oppurtunities.