Power Companies

When India became independent in 1947, the country had a power generating capacity of 1,362 MW. Generation and distribution of electrical power was carried out primarily by private utility companies. Notable amongst them and still in existence is Calcutta Electric. Power was available only in a few urban centers; rural areas and villages did not have electricity.

After 1947, all new power generation, transmission and distribution in the rural sector and the urban centers (which was not served by private utilities) came under the purview of State and Central government agencies. State Electricity Boards (SEBs) were formed in all the states.

National Thermal Power Corporation (NTPC), National Hydro-electric Power Corporation (NHPC) and Power Grid Corporation Limited (PGCL) were formed by the government to assist in meeting the increasing demand for electricity throughout the country. The electricity sector is in the ‘concurrent list’, meaning that both, State and Central governments, participate in the sector’s development. The Ministry of Power in the Central government formulates the policies for the power sector. The Central Electricity Authority (CEA) was established as a statutory authority to develop a 2nd National Power Policy and also to function as a regulatory authority. As per government guidelines, all power projects above a certain capacity have to obtain techno-economic clearance from CEA before they can be implemented. A new Ministry of Non-Conventional Energy Sources has also been formed to focus on renewable energy sources to augment the generation capacity of electrical power.

The policy of liberalisation the Government of India announced in 1991 and consequent amendments in Electricity (Supply) Act have opened new vistas to involve private efforts and investments in electricity industry. Considerable emphasis has been placed on attracting private investment and the major policy changes have been announced by the Government in this regard which are enumerated below:

  • The Electricity (Supply) Act, 1948 was amended in 1991 to provide for creation of private generating companies for setting up power generating facilities and selling the power in bulk to the grid or other persons.
  • Financial Environment for private sector units modified to allow liberal capital structuring and an attractive return on investment. Up to hundred percent (100%) foreign equity participation can be permitted for projects set up by foreign private investors in the Indian Electricity Sector.
  • Administrative & Legal environment modified to simplify the procedures for clearances of the projects.
  • Policy guidelines for private sector participation in the renovation & modernisation. of power plants issued in 1995

Present Scenario

At Present in power sector nearly half i.e., 49.15% is under State electricity Boards, which is followed by Public Sector Unit’s like NTPC, NHPC, NPCIL etc. The role of private sector is about 19.85%, which is at present least among the three sectors, but private sector is growing at a far greater pace than any other sector, the latest advancements in this direction are allotment of UMPP’s to private sector.

The major companies in these three sectors are dealt in detail in the link given below:

 

Public Sector Units in Power Sector : Contains major players in public sector like NTPC , NHPC , NPCIL , DVC , CERC etc.

  • Power Finance Corporation by: SUMIT KUMARJanuary 25, 2011, 19:22

    Type                          Public (NSE: PFC, BSE: 532810) Industry                      Financial services Founded          …

  • Central Electricity Regulatory Commission by: SUMIT KUMARSeptember 23, 2010, 01:54

    (Regulatory Commission for PSU’s in Power Sector) Jurisdiction – Ministry of Power, Govt. of India Formed – 24 July 1998 Head Quarter – New…

  • Damodar Valley Corporation by: SUMIT KUMARSeptember 22, 2010, 01:57

    Head Quarter – Kolkata Founded – July 7, 1948 Chairman – Devendra Singh Vision – To establish DVC as a mega pithead power producer and distributor…

  • Neyveli Lignite Corporation Limited by: SUMIT KUMARSeptember 21, 2010, 00:36

    Type – Public Sector Undertaking, Government Owned Head Quarter – Chennai, Tamil Nadu Chairman & M.D – A.R. Ansari Employee – 19115(2007) (Mi…

  • Nuclear Power Corporation of India Limited by: SUMIT KUMARSeptember 20, 2010, 18:59

    Type –  State Owned Enterprise Founded – Sep’ 1987 Head Quarter –  Mumbai, India Chairman & Managing Director –  Dr. S.K.Jain Net…

  • NHPC Limited by: SUMIT KUMARSeptember 20, 2010, 14:17

    Type - State Owned Enterprise; Public Limited Founded – 1975 Head Quarter – Faridabad, India Chairman & Managing Director – S.K. Garg Net…

  • NTPC Limited by: SUMIT KUMARSeptember 20, 2010, 12:40

    Type-    State Owned Enterprise; Public Limited Founded-     Nov 7,1975 Head Quarter-   Delhi, India Chairman & Managing Director-   Arup…


    Private Company in Power Sector: contains major players in private sector like Reliance Energy , Suzzlon , TATA Power etc.

    • Adani Power by: SUMIT KUMARJanuary 27, 2011, 17:49

      Industry Name: Power – Generation/Distribution House Name: Adani Group Incorporation Date: 22/08/1996 Management (Adani Power Limited) …

    • Tata Power Company Ltd. by: SUMIT KUMARNovember 12, 2010, 22:55

      Industry Name: Power – Generation/Distribution/Transmission House Name: Tata Group Incorporation Date: 18/09/1919 Market Cap (Rs Cr.): 33,122(as on…

    • Suzlon by: SUMIT KUMAROctober 19, 2010, 01:13

      Conceived in 1995 with just 20 people, Suzlon is now a leading wind power company with: Over 16,000 people in 25 countries Operations across…

    • Reliance Power Limited by: SUMIT KUMAROctober 2, 2010, 23:21

      Type-Public Company Founded-2007 Head Quarter-Navi Mumbai, India Founder & Chairman-Anil Ambani Parent- Reliance Anil Dhirubhai Ambani Group The…


    State Electricity Board in Power Sector : contains complete list of all the companies in state sector with a brief overview of all the companies in generation, transmission, distribution, and the regulatory commission.

    • West Bengal State Electricity Board by: SUMIT KUMAROctober 2, 2010, 18:52

      West Bengal Power Development Corporation Limited(WBPDCL) To facilitate and meet the fast emerging needs of the state’s ever-growing industrial and domestic…

    • Tamil Nadu Electricity Board by: SUMIT KUMAROctober 2, 2010, 17:47

      The Tamil Nadu Electricity Board is constituted under the Electricity (Supply) At, 1948 (Central Act 54 of 1948) and authorised to function as the State…

    • Uttarakhand Electricity Board by: SUMIT KUMAROctober 2, 2010, 17:25

      Generating Company: Uttarakhand Jal Vidyut Nigam Limited (UJVNL) 12th February, 2001 – A new dawn in the Power Sector of Uttarakhand when UJVNL came into…

    • UP Electricity Board by: SUMIT KUMAROctober 2, 2010, 11:44

      In pursuance of a reform-restructuring exercise erstwhile UPSEB was unbundled under the first reforms transfer scheme dated 14th Jan 2000, into three separate…

    • Rajasthan Electricity Board by: SUMIT KUMAROctober 2, 2010, 00:00

      The history of power developemnt in Rajasthan goes back to the year 1949,when 19 princely states merged to form Rajasthan.At that time,electric power,was…

    • Punjab State Electricity Board by: SUMIT KUMAROctober 1, 2010, 23:31

      The Punjab State Electricity Board (PSEB) was a statutory body formed on 1-2-1959 under the Electricity Supply Act.1948. Subsequently with the re-organizati…

    • Orissa Electricity Board by: SUMIT KUMAROctober 1, 2010, 22:22

      Generation Companies Orissa Power Generation Corporation Limited(Gencos) As its maiden venture, the company has set up two thermal power plants with a…

    • Maharashtra Electricity Board by: SUMIT KUMAROctober 1, 2010, 21:01

      Maharashtra State Power Generation Co Ltd. (MSPCL) (DISCO) Maharashtra State Power Generation Co Ltd. (hereinafter referred to as “The Company”) has been…

    • Madhya Pradesh Electricity Board by: SUMIT KUMAROctober 1, 2010, 19:52

      Madhya Pradesh Power Generating Company Limited The Company has been incorporated as a part of the implementation of the power sector reform in Madhya…

    • Kerala State Electricity Board by: SUMIT KUMARSeptember 29, 2010, 23:07

      Kerala State Electricity Board The Kerala State Electricity Board, constituted by the Government of Kerala, by order dated 7.3.1957, under the Electricity…

    • Karnataka State Electricity Board by: SUMIT KUMARSeptember 29, 2010, 22:27

      Karnataka Power Corporation Limited For over three decades, the Karnataka Power Corporation has been a prime mover and catalyst behind key power sector…

    • Jharkhand State Electricity Board by: SUMIT KUMARSeptember 29, 2010, 00:36

      Jharkhand State Electricity Board Jharkhand State Electricity Board On 15.11.2000 the Land of lord Birsa emerged as a new state as State of Jharkhand, which…

    • Jammu & Kashmir Electricity Board by: SUMIT KUMARSeptember 29, 2010, 00:17

      Jammu and Kashmir State Power Development Corporation Limited (JKSPDCL) Power Development in Jammu and a Kashmir has a long and distinguished history. The…

    • Himachal Pradesh Electricity Board by: SUMIT KUMARSeptember 28, 2010, 23:54

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    • Haryana Electricity Board by: SUMIT KUMARSeptember 20, 2010, 01:17

      Haryana Power sector comprises four wholly State-owned Corporations viz HPGCL, HVPNL, UHBVNL and DHBVNL which after unbundling of the HSEB in 1998 are…

    • Gujarat Electricity Board by: SUMIT KUMARSeptember 19, 2010, 23:58

      As a part of Power Reform Process, the Electricity Act, 2003, was passed by the Central Government and Gujarat Electricity Industry (Re-organization…

    • Goa Electricity Board by: SUMIT KUMARSeptember 19, 2010, 22:44

      Goa Electricity Department(Disco; Transco) The Electricity Department was created as a Govt. Department in the year 1963. The Electricity Department is the…

    • Delhi Electricity Board by: SUMIT KUMARSeptember 19, 2010, 10:39

      Delhi Vidyut Board The Delhi Vidyut Board was formed by the Government of NCT Delhi in 1997 for the purpose of generation and distribution of power to…

    • Chattissgarh Electricity Board by: SUMIT KUMARSeptember 19, 2010, 10:36

      The Chhattisgarh State was formed as per the Madhya Pradesh Reorganization Act 2000. The President of India gave his consent to this Act on the 25th…

    • Assam Electricity Board by: SUMIT KUMARSeptember 19, 2010, 10:31

      Reforms in Assam Power is a critical infrastructure for economic growth. Before its unbundling Assam State Electricity Board (hereafter ASEB) was…

    • Arunachal Pradesh Electricity Board by: SUMIT KUMARSeptember 19, 2010, 10:29

      Arunachal Pradesh Electricity Department(GENCO; TRANSCO; DISCO) Department of Power, Arunachal Pradesh, is a State Government Department, assigned to carry…

    • Andhra Pradesh Electricity Board by: SUMIT KUMARSeptember 19, 2010, 10:24

      1) Andhra Pradesh Andhra Pradesh Power Generation Corporation Limited(GENCO) APGENCO Type Government-owned Corporation-PSU Industry Electr…

    10 Responses to Power Companies

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    5. Pravin Kumar Sharma says:

      What about Power Grid Corporation of India Ltd., a Central Transmission utility & a navratna co?

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